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CRYPTOCURRENCY BITCOIN

CRYPTOCURRENCY BITCOIN
Bitcoin Table of contents expand: 1. What is Bitcoin? 2. Understanding Bitcoin 3. How Bitcoin Works 4. What's a Bitcoin Worth? 5. How Bitcoin Began 6. Who Invented Bitcoin? 7. Before Satoshi 8. Why Is Satoshi Anonymous? 9. The Suspects 10. Can Satoshi's Identity Be Proven? 11. Receiving Bitcoins As Payment 12. Working For Bitcoins 13. Bitcoin From Interest Payments 14. Bitcoins From Gambling 15. Investing in Bitcoins 16. Risks of Bitcoin Investing 17. Bitcoin Regulatory Risk 18. Security Risk of Bitcoins 19. Insurance Risk 20. Risk of Bitcoin Fraud 21. Market Risk 22. Bitcoin's Tax Risk What is Bitcoin?
Bitcoin is a digital currency created in January 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity is yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.
There are no physical bitcoins, only balances kept on a public ledger in the cloud, that – along with all Bitcoin transactions – is verified by a massive amount of computing power. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite it not being legal tender, Bitcoin charts high on popularity, and has triggered the launch of other virtual currencies collectively referred to as Altcoins.
Understanding Bitcoin Bitcoin is a type of cryptocurrency: Balances are kept using public and private "keys," which are long strings of numbers and letters linked through the mathematical encryption algorithm that was used to create them. The public key (comparable to a bank account number) serves as the address which is published to the world and to which others may send bitcoins. The private key (comparable to an ATM PIN) is meant to be a guarded secret and only used to authorize Bitcoin transmissions. Style notes: According to the official Bitcoin Foundation, the word "Bitcoin" is capitalized in the context of referring to the entity or concept, whereas "bitcoin" is written in the lower case when referring to a quantity of the currency (e.g. "I traded 20 bitcoin") or the units themselves. The plural form can be either "bitcoin" or "bitcoins."
How Bitcoin Works Bitcoin is one of the first digital currencies to use peer-to-peer technology to facilitate instant payments. The independent individuals and companies who own the governing computing power and participate in the Bitcoin network, also known as "miners," are motivated by rewards (the release of new bitcoin) and transaction fees paid in bitcoin. These miners can be thought of as the decentralized authority enforcing the credibility of the Bitcoin network. New bitcoin is being released to the miners at a fixed, but periodically declining rate, such that the total supply of bitcoins approaches 21 million. One bitcoin is divisible to eight decimal places (100 millionths of one bitcoin), and this smallest unit is referred to as a Satoshi. If necessary, and if the participating miners accept the change, Bitcoin could eventually be made divisible to even more decimal places. Bitcoin mining is the process through which bitcoins are released to come into circulation. Basically, it involves solving a computationally difficult puzzle to discover a new block, which is added to the blockchain and receiving a reward in the form of a few bitcoins. The block reward was 50 new bitcoins in 2009; it decreases every four years. As more and more bitcoins are created, the difficulty of the mining process – that is, the amount of computing power involved – increases. The mining difficulty began at 1.0 with Bitcoin's debut back in 2009; at the end of the year, it was only 1.18. As of February 2019, the mining difficulty is over 6.06 billion. Once, an ordinary desktop computer sufficed for the mining process; now, to combat the difficulty level, miners must use faster hardware like Application-Specific Integrated Circuits (ASIC), more advanced processing units like Graphic Processing Units (GPUs), etc.
What's a Bitcoin Worth? In 2017 alone, the price of Bitcoin rose from a little under $1,000 at the beginning of the year to close to $19,000, ending the year more than 1,400% higher. Bitcoin's price is also quite dependent on the size of its mining network since the larger the network is, the more difficult – and thus more costly – it is to produce new bitcoins. As a result, the price of bitcoin has to increase as its cost of production also rises. The Bitcoin mining network's aggregate power has more than tripled over the past twelve months.
How Bitcoin Began
Aug. 18, 2008: The domain name bitcoin.org is registered. Today, at least, this domain is "WhoisGuard Protected," meaning the identity of the person who registered it is not public information.
Oct. 31, 2008: Someone using the name Satoshi Nakamoto makes an announcement on The Cryptography Mailing list at metzdowd.com: "I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. The paper is available at http://www.bitcoin.org/bitcoin.pdf." This link leads to the now-famous white paper published on bitcoin.org entitled "Bitcoin: A Peer-to-Peer Electronic Cash System." This paper would become the Magna Carta for how Bitcoin operates today.
Jan. 3, 2009: The first Bitcoin block is mined, Block 0. This is also known as the "genesis block" and contains the text: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks," perhaps as proof that the block was mined on or after that date, and perhaps also as relevant political commentary.
Jan. 8, 2009: The first version of the Bitcoin software is announced on The Cryptography Mailing list.
Jan. 9, 2009: Block 1 is mined, and Bitcoin mining commences in earnest.
Who Invented Bitcoin?
No one knows. Not conclusively, at any rate. Satoshi Nakamoto is the name associated with the person or group of people who released the original Bitcoin white paper in 2008 and worked on the original Bitcoin software that was released in 2009. The Bitcoin protocol requires users to enter a birthday upon signup, and we know that an individual named Satoshi Nakamoto registered and put down April 5 as a birth date. And that's about it.
Before Satoshi
Though it is tempting to believe the media's spin that Satoshi Nakamoto is a solitary, quixotic genius who created Bitcoin out of thin air, such innovations do not happen in a vacuum. All major scientific discoveries, no matter how original-seeming, were built on previously existing research. There are precursors to Bitcoin: Adam Back’s Hashcash, invented in 1997, and subsequently Wei Dai’s b-money, Nick Szabo’s bit gold and Hal Finney’s Reusable Proof of Work. The Bitcoin white paper itself cites Hashcash and b-money, as well as various other works spanning several research fields.
Why Is Satoshi Anonymous?
There are two primary motivations for keeping Bitcoin's inventor keeping his or her or their identity secret. One is privacy. As Bitcoin has gained in popularity – becoming something of a worldwide phenomenon – Satoshi Nakamoto would likely garner a lot of attention from the media and from governments.
The other reason is safety. Looking at 2009 alone, 32,489 blocks were mined; at the then-reward rate of 50 BTC per block, the total payout in 2009 was 1,624,500 BTC, which at today’s prices is over $900 million. One may conclude that only Satoshi and perhaps a few other people were mining through 2009 and that they possess a majority of that $900 million worth of BTC. Someone in possession of that much BTC could become a target of criminals, especially since bitcoins are less like stocks and more like cash, where the private keys needed to authorize spending could be printed out and literally kept under a mattress. While it's likely the inventor of Bitcoin would take precautions to make any extortion-induced transfers traceable, remaining anonymous is a good way for Satoshi to limit exposure.
The Suspects
Numerous people have been suggested as possible Satoshi Nakamoto by major media outlets. Oct. 10, 2011, The New Yorker published an article speculating that Nakamoto might be Irish cryptography student Michael Clear or economic sociologist Vili Lehdonvirta. A day later, Fast Company suggested that Nakamoto could be a group of three people – Neal King, Vladimir Oksman and Charles Bry – who together appear on a patent related to secure communications that were filed two months before bitcoin.org was registered. A Vice article published in May 2013 added more suspects to the list, including Gavin Andresen, the Bitcoin project’s lead developer; Jed McCaleb, co-founder of now-defunct Bitcoin exchange Mt. Gox; and famed Japanese mathematician Shinichi Mochizuki.
In December 2013, Techcrunch published an interview with researcher Skye Grey who claimed textual analysis of published writings shows a link between Satoshi and bit-gold creator Nick Szabo. And perhaps most famously, in March 2014, Newsweek ran a cover article claiming that Satoshi is actually an individual named Satoshi Nakamoto – a 64-year-old Japanese-American engineer living in California. The list of suspects is long, and all the individuals deny being Satoshi.
Can Satoshi's Identity Be Proven?
It would seem even early collaborators on the project don’t have verifiable proof of Satoshi’s identity. To reveal conclusively who Satoshi Nakamoto is, a definitive link would need to be made between his/her activity with Bitcoin and his/her identity. That could come in the form of linking the party behind the domain registration of bitcoin.org, email and forum accounts used by Satoshi Nakamoto, or ownership of some portion of the earliest mined bitcoins. Even though the bitcoins Satoshi likely possesses are traceable on the blockchain, it seems he/she has yet to cash them out in a way that reveals his/her identity. If Satoshi were to move his/her bitcoins to an exchange today, this might attract attention, but it seems unlikely that a well-funded and successful exchange would betray a customer's privacy.
Receiving Bitcoins As Payment
Bitcoins can be accepted as a means of payment for products sold or services provided. If you have a brick and mortar store, just display a sign saying “Bitcoin Accepted Here” and many of your customers may well take you up on it; the transactions can be handled with the requisite hardware terminal or wallet address through QR codes and touch screen apps. An online business can easily accept bitcoins by just adding this payment option to the others it offers, like credit cards, PayPal, etc. Online payments will require a Bitcoin merchant tool (an external processor like Coinbase or BitPay).
Working For Bitcoins
Those who are self-employed can get paid for a job in bitcoins. There are several websites/job boards which are dedicated to the digital currency:
Work For Bitcoin brings together work seekers and prospective employers through its websiteCoinality features jobs – freelance, part-time and full-time – that offer payment in bitcoins, as well as Dogecoin and LitecoinJobs4Bitcoins, part of reddit.comBitGigs
Bitcoin From Interest Payments
Another interesting way (literally) to earn bitcoins is by lending them out and being repaid in the currency. Lending can take three forms – direct lending to someone you know; through a website which facilitates peer-to-peer transactions, pairing borrowers and lenders; or depositing bitcoins in a virtual bank that offers a certain interest rate for Bitcoin accounts. Some such sites are Bitbond, BitLendingClub, and BTCjam. Obviously, you should do due diligence on any third-party site.
Bitcoins From Gambling
It’s possible to play at casinos that cater to Bitcoin aficionados, with options like online lotteries, jackpots, spread betting, and other games. Of course, the pros and cons and risks that apply to any sort of gambling and betting endeavors are in force here too.
Investing in Bitcoins
There are many Bitcoin supporters who believe that digital currency is the future. Those who endorse it are of the view that it facilitates a much faster, no-fee payment system for transactions across the globe. Although it is not itself any backed by any government or central bank, bitcoin can be exchanged for traditional currencies; in fact, its exchange rate against the dollar attracts potential investors and traders interested in currency plays. Indeed, one of the primary reasons for the growth of digital currencies like Bitcoin is that they can act as an alternative to national fiat money and traditional commodities like gold.
In March 2014, the IRS stated that all virtual currencies, including bitcoins, would be taxed as property rather than currency. Gains or losses from bitcoins held as capital will be realized as capital gains or losses, while bitcoins held as inventory will incur ordinary gains or losses.
Like any other asset, the principle of buying low and selling high applies to bitcoins. The most popular way of amassing the currency is through buying on a Bitcoin exchange, but there are many other ways to earn and own bitcoins. Here are a few options which Bitcoin enthusiasts can explore.
Risks of Bitcoin Investing
Though Bitcoin was not designed as a normal equity investment (no shares have been issued), some speculative investors were drawn to the digital money after it appreciated rapidly in May 2011 and again in November 2013. Thus, many people purchase bitcoin for its investment value rather than as a medium of exchange.
However, their lack of guaranteed value and digital nature means the purchase and use of bitcoins carries several inherent risks. Many investor alerts have been issued by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), the Consumer Financial Protection Bureau (CFPB), and other agencies.
The concept of a virtual currency is still novel and, compared to traditional investments, Bitcoin doesn't have much of a long-term track record or history of credibility to back it. With their increasing use, bitcoins are becoming less experimental every day, of course; still, after eight years, they (like all digital currencies) remain in a development phase, still evolving. "It is pretty much the highest-risk, highest-return investment that you can possibly make,” says Barry Silbert, CEO of Digital Currency Group, which builds and invests in Bitcoin and blockchain companies.
Bitcoin Regulatory Risk
Investing money into Bitcoin in any of its many guises is not for the risk-averse. Bitcoins are a rival to government currency and may be used for black market transactions, money laundering, illegal activities or tax evasion. As a result, governments may seek to regulate, restrict or ban the use and sale of bitcoins, and some already have. Others are coming up with various rules. For example, in 2015, the New York State Department of Financial Services finalized regulations that would require companies dealing with the buy, sell, transfer or storage of bitcoins to record the identity of customers, have a compliance officer and maintain capital reserves. The transactions worth $10,000 or more will have to be recorded and reported.
Although more agencies will follow suit, issuing rules and guidelines, the lack of uniform regulations about bitcoins (and other virtual currency) raises questions over their longevity, liquidity, and universality.
Security Risk of Bitcoins
Bitcoin exchanges are entirely digital and, as with any virtual system, are at risk from hackers, malware and operational glitches. If a thief gains access to a Bitcoin owner's computer hard drive and steals his private encryption key, he could transfer the stolen Bitcoins to another account. (Users can prevent this only if bitcoins are stored on a computer which is not connected to the internet, or else by choosing to use a paper wallet – printing out the Bitcoin private keys and addresses, and not keeping them on a computer at all.) Hackers can also target Bitcoin exchanges, gaining access to thousands of accounts and digital wallets where bitcoins are stored. One especially notorious hacking incident took place in 2014, when Mt. Gox, a Bitcoin exchange in Japan, was forced to close down after millions of dollars worth of bitcoins were stolen.
This is particularly problematic once you remember that all Bitcoin transactions are permanent and irreversible. It's like dealing with cash: Any transaction carried out with bitcoins can only be reversed if the person who has received them refunds them. There is no third party or a payment processor, as in the case of a debit or credit card – hence, no source of protection or appeal if there is a problem.
Insurance Risk
Some investments are insured through the Securities Investor Protection Corporation. Normal bank accounts are insured through the Federal Deposit Insurance Corporation (FDIC) up to a certain amount depending on the jurisdiction. Bitcoin exchanges and Bitcoin accounts are not insured by any type of federal or government program.
Risk of Bitcoin Fraud
While Bitcoin uses private key encryption to verify owners and register transactions, fraudsters and scammers may attempt to sell false bitcoins. For instance, in July 2013, the SEC brought legal action against an operator of a Bitcoin-related Ponzi scheme.
Market Risk
Like with any investment, Bitcoin values can fluctuate. Indeed, the value of the currency has seen wild swings in price over its short existence. Subject to high volume buying and selling on exchanges, it has a high sensitivity to “news." According to the CFPB, the price of bitcoins fell by 61% in a single day in 2013, while the one-day price drop in 2014 has been as big as 80%.
If fewer people begin to accept Bitcoin as a currency, these digital units may lose value and could become worthless. There is already plenty of competition, and though Bitcoin has a huge lead over the other 100-odd digital currencies that have sprung up, thanks to its brand recognition and venture capital money, a technological break-through in the form of a better virtual coin is always a threat.
Bitcoin's Tax Risk
As bitcoin is ineligible to be included in any tax-advantaged retirement accounts, there are no good, legal options to shield investments from taxation.
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Related Terms
Satoshi
The satoshi is the smallest unit of the bitcoin cryptocurrency. It is named after Satoshi Nakamoto, the creator of the protocol used in block chains and the bitcoin cryptocurrency.
Chartalism Chartalism is a non-mainstream theory of money that emphasizes the impact of government policies and activities on the value of money.
Satoshi Nakamoto The name used by the unknown creator of the protocol used in the bitcoin cryptocurrency. Satoshi Nakamoto is closely-associated with blockchain technology.
Bitcoin Mining, Explained Breaking down everything you need to know about Bitcoin Mining, from Blockchain and Block Rewards to Proof-of-Work and Mining Pools.
Understanding Bitcoin Unlimited Bitcoin Unlimited is a proposed upgrade to Bitcoin Core that allows larger block sizes. The upgrade is designed to improve transaction speed through scale.
Blockchain Explained
A guide to help you understand what blockchain is and how it can be used by industries. You've probably encountered a definition like this: “blockchain is a distributed, decentralized, public ledger." But blockchain is easier to understand than it sounds.
Top 6 Books to Learn About Bitcoin About UsAdvertiseContactPrivacy PolicyTerms of UseCareers Investopedia is part of the Dotdash publishing family.The Balance Lifewire TripSavvy The Spruceand more
By Satoshi Nakamoto
Read it once, go read other crypto stuff, read it again… keep doing this until the whole document makes sense. It’ll take a while, but you’ll get there. This is the original whitepaper introducing and explaining Bitcoin, and there’s really nothing better out there to understand on the subject.
“What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party

submitted by adrian_morrison to BlockchainNews [link] [comments]

ERIC HO FRAUD

This post was created as I felt compelled to share my experience with Eric Ho's mentorship program that I'd signed up to, along with about 10 other mentees and paid £12,000 each for 1-year program. To provide authenticity of my account, I have provided PROOF of the receipt, plus his "up sell" to other programs, and how he boots people out at the end and there is no more contacts with him whatsoever. I have also found other website, where people have complaining and have lost money, like I had done. I will post the link below in the message, and it shows Eric Ho's company details from Gov.uk's Companies House, which are not worth what he claims, in fact many are in debt & closed down..
 
Here, I CHALLENGE Eric Ho to comment below this post if he thinks this is an unfair account, as he commented on his Facebook saying how this is not a true reflection of his program... I can provide PROOFs of all the accounts & experience detailed here, from other ex-mentees and how we'd all suffered and lost our savings, with no real value in the end... and if I can provide these proofs, will Eric Ho refund all our payments? Come on Eric Ho, I challenge you.. If you are honest, you should be able to take up this challenge than just comment in your FB..
 
First, see a link below, for the proof that I was his ex-mentee, so my details below comes from after going through his mentorship program, and it shows further proofs of "up sell", and how he booted everyone out in the end, and how we were only given 7-days to ask for our refund or else your payment is vanished!! And how is anyone suppose to know within 7-days that the mentorship was not a valuable program and it was full of "motivation" rally within a week of signing up?? See: https://drive.google.com/open?id=1QT9POxakgkIrXFEQN8uS4VqtEcD08F89
  See other people complain about Eric Ho's scam, and John Lee, and their method, which is just telling stories after stories and showing pictures of their success and cars (some outside the car show room) and claiming to be very successful, when they are not... company house record shows average financial statement.. https://www.propertytribes.com/eric-ho-t-127631542.html
 
Eric Hor, was introduced in one of John Lee's of Wealth Dragon seminar. There were bunch of us in the mentee group, mainly women who seemed vulnerable and naive i.e single mothers and old ladies. Eric Ho operates from his website, erichoofficial.com & hakademy.com.
 
Eric Ho promised a lots of things prior to signing up to his program and he promised all the mentees that he would help them to launch their business and in many cases, collaborate with his existing business and provide a platform and contacts to leverage our business... hence, paying £12,000 is worth it, in fact its cheap! However, it was far from that.. It became obvious after a few months, and until this point, it was all "motivational" stuffs i.e. meeting up with the group of mentees for dinner and drinks after one of his seminars in London and during these meet ups it was mainly him posting live videos on YouTube with bunch of mentees for his own marketing campaign (to show people what a good time we are all having and to get Likes and Shares). However, secretly many of his mentees were suffering as we forked out £1000 monthly towards his program and it was costing us more than our monthly mortgage payment!
 
Time goes fast, you set appointment with Eric whenever he is in London, but he sees all of his mentees after his 2-3 days seminar, where he is tired after long event, so it's rushed through as only 30mins appointment, and given generic advices and he is seeing mentees one after another.. During this appointments you go there and wait, he is talking to another mentee, then your turn comes, as you start the meeting, you see the anotehr mentee waiting for you to finish the meeting... so Eric Ho is in a rush to see you off. Hence, advices are given on the spot... He even forgets the last conversation you've had with him and repeats many comments / feedback that was given in the last appointment, as he sees all the mentees + new followers (to sign them up for his program) on that day... the new followers are far more important to him as they are a potential leads for another 12k per person and since we've already paid our fees and locked in the contract... we are a less priority for him. He forgets the action plan you had discussed with him in the last meeting and its clear that he cannot keep track of all his mentees seeing one after another after his long 2-3 days seminar event... He is very tired and gives you generic marketing advice. And when you make progress or need some suggestions from Eric Ho, our "mentor", he is out out of the country, somewhere overseas, posting videos from the beach about his luxurious lifestyle, flying business class flights and showing off his latest branded watch! and you are there stuck and unable to contact him or in the best case you receive a messages on Wats App. And that’s all...
 
You wait for him to return, but then you see another video from another part of the world, again, marketing himself and his seminars, and his new gadgets or a catchy video title and image of him and his latest girlfriend. Talking about his girlfriend.. he keeps using them in his video, to get likes and views, then after a year or so, there's a new girl and the old one is never seen again! And his new girlfriends are the seminar audience! At this time you start to doubt if Eric is serious about business. A true business man, a mentor should be there for you and know and care abot your business as much as you do.... not posting 5 videos, and 10 selfie a day! Think about it people.. his mind is occupied by social media posts and videos, and all he wants is NEW leads so he can generate additional fees... once you have paid, you are yesterdays newspaper to him..... You true business personnel dont act like this i.e. Fortune 500 companies executives, FTSE 250 leaders don’t act like a child showing off their new toys on a social media with his cars, watches, house etc.. Its unbearable as you begin to wonder that your payment is actually funding his lifestyle and his latest gadgets, and you are cant even reach him!
 
You begin to wonder and talk to other mentees and they all feel the same but no one dares to confront him as he is "so nice" and always so "positive" talking about "motivational stuffs", a sage, guru, who acts like one of those religious cult figures that brain washes people and builds up followers for his ulterior motive. The key here is, get likes and shares from Facebook, Insta, YouTube etc.. then get them to attend the seminar and then use classical sales technique i.e. "one day offer only" and sign them up for 12 months contract, where you can only ask for refund within 7 days (terms) and its impossible to know that you wont get any value within 7 days, so now you are locked in the contract and if you miss payment, Eric Ho and John Lee (Wealth Dragon) will send you red letter to take you to Debt Recovery and send bailiff to your house... and they have in-house lawyers workling for them, who emails you warning you of the consequences.... then you get worried and also have no time to go to the court and pay additional fee to solicitors not knowing you might lose more money because you have signed the contract... so you keep quite and pay the 12k!!! "Its numbers game" as they say... for example, get 100 likes and views, from that, get 20 people to seminar, then get 1 person to sign up and lock in 12 months contract... thats 12k! Now multiply this by few hundreds and thousands, then there you have it.. About 30-40 mentees a year, plus now "UP SELL" their other products, i.e. Public speaking, Forex, Property investments, Heath & Fitness, Spiritual mind etc.... thats their game! And make you bankrupt!!
 
By the way, if you want to learn Public Speaking, then just join your local Toastmasters club, where you will only pay between £50-£60 for 6 months!! with every 2 x weeks meetings, it will cost you more or less the same price of a coffee/tea per meeting. Toastmasters is everywhere, almost in every country. I have now completed almost my 10th speech. One thing about Public speaking is, its not a skill you obtained by attending a weekend or week long training that Eric Hor and John Lee is offering.. you must attend regularly every 2-3 weeks, even if you miss some meetings (that don't matter), to develop your skills. It's developed and built over time - not by attending short trainings on weekends or week-long program paying thousands of pounds/dollars. So dont be fool, don't pay Eric Hor and John Lee. Public speaking skills is like any other skills you learn, whether sports, or your regular exercise. If you stop going to gym for few months... what happens? Same with public speaking... you must attend regularly for at least 6-months to a 1-year.. then you develop skills + see other speakers do it, which you will pick up subconsciously, and when you step up to do your speech.. you will naturally exhibit skills (that you had picked up by watching other speakers on a regular basis by going to these meetings).. also, for every speech, you are given a detailed guide, as to how to structure it i.e. bullet points, linking between these points, and how to put a capturing opening and conclusive closing of your speech. You will also learn how to use body language, vocal variety, include research information in some speeches, which really helps professionals wanting to do great presentation for their work etc. And you become better at it, over time. You can never learn this over a weekend intensive course or week long course. Once you go through the Toastmasters club, the process will stay with you forever - just like driving a car or bike. So save you money from these fraudsters and join Toastmasters International club, which has nearly 16,000 clubs worldwide. You will also learn to take leadership roles as these two skills go hand in hand. Check out: toastmasters.org and click on "Find a club".
 
Eric Ho uses uses a traditional sales technique as he takes you through an emotional ride by sharing his stories, and others stories, and then says that he wants to work with "entrepreneurs" and he is looking to "invest" in the right business and "collaborate" with them, and this makes you feel like signing up to his mentorship, and it could perhaps, provide that opportunity to launch your business. With that mindset, he lures you towards him and when he offers the "1-day only" sales offer, at the end of the seminar to sign up, you do it! But there is no plan, no accountability, no real business expertise provided, except FULL of motivational stuffs, which you can nowadays watch on YouTube and feel the same or better. All you get is his regular get together for dinner and drink (which you have to pay yourself btw), and again, his posts on YouTube video promotions with all the mentee group for marketing to show what a good time we are having. Who will rant or show sad face on the video (live)?
I was in a group, where there was single mothers and some of them borrowed money from their parents to sign up to Eric's mentorship so she can make her business successful. She promised to pay back to her parents but it never happened as her parents passed away, before she could make any money. And Eric didn't even share the 50% profit that she had generated through her sales i.e. webinar sign-up consulting therapy work, after getting some leads from one of the webinar Eric had sets up. It takes her 3 months to get her 50% share. She even cried in one of our meet ups and shared her story. Another lady, Psychologist, that signed up, she spoke on the Eric's stage few times, she was very happy, got her to give him fantastic testimonial, she changed her title to "international speaker", and time goes fast... soon it was 12-months and she was crying in one of Eric's seminar at the back stage because it only hit her that she hasn't made her money back but paid 12k! Eric saw her cry, he knew WHY! as others try to sooth her, but he went on the stage and did his gig! There was no remorse nor any sympathy...... yet he acts like he feeds those childred in Kenya! Oh by the way, it was told that this charity is not his set up... it was existing orphanage and they would work with anyone that give them donation and you can put that in your business as a social enterprise business. And why wouldn't they accept donation for such purpose?
 
Another mentee, similar type of business, didn't get anything i.e. 50% commission, so he stopped asking after few times and completely dis-engaged with Eric and stopped talking completely after about 6-months in the program.
 
Eric lied to another mentee suggesting that he will use his product in his existing business to collaborate with him and launh his product in his YoYo Noodles bars, which Eric supposedly owns. He signed up to it, but it never happened and when he asked to Eric about it, after few months of developing a product and brand, Eric simply said that he had already sold his noodle franchise business. So he can't help him! However, it turned out to be a plain lie as Eric still owned the business and he was participating in Franchise trade shows later that year. He still owns this YoYo Noodle franchise and can be easily seen in Google search.
 
Another mentee couldn't afford the fees, so she was called by their staff called Marcos from Wealth Dragon, a big spanish bull dog that looks like a bouncer but acts like a motivational guru himself until you miss 1-payment! He acted like a bully when she didn't pay on time and this mentee, was already in debt and Marcos advised her to take loans from her credit cards as she would easily recoup that money anyway from the program, and when she was unable to keep up the payment to Eric, after few months, she was instantly kicked out without any notice and blocked from the Wats App and Facebook group. That’s when we saw the real Eric Ho.., not so nice and kind as he appears to be on the stage and videos and showing off his charity work in Kenya... Oh yeah, once you are mentee, you will get a "special deal" to volunteer and go to Kenya with him to do this charity work and the price you pay on a special deal is much more expensive than you would have booked a ticket and accomodation and gone by yourself... Another "upsell" like his books, like the upcoming seminar tickets, some "hero" seminar, but the principal is same.. motivation and emotional roller coaster stories and "upsell" another product.. there were few guys who finished all their savings by keep buying into these programs.. One nurse lady, single, in her 50s, spent more than 30k in all of their seminars, combined with, mentorship, forex, property, public speaking etc.. all her life time saving, all that over time she did.... tut tut.
 
There is nothing special or no real expertise offered in business by Eric Ho because all the advice is generic and 90% are motivational. And since all motivational in YouTube videos are sourced from Napoleon Hill's Think and Grow Rich book and the Power of Law of Attraction book etc. The 99% of the motivational gurus use these techniques to elaborate and explain their stories and persuade and convince audience to excite and take action.. And take action you will, by paying £12,000 for 1-year of generic advice and about 5 to 7 appointment with him (since he is out of the country more than half of the year giving seminars)... so how can you meet him possibly even if you want to........ Have you ever noticed that 99% of his previous mentees are completely out of the picture or out of touch after 1-year... ever wonder why? Because it finally sinks into them that it was all bullsh!t and they lost their money! Deep down inside in their heart, they know they lost their money, and there was nothing they could do after 7-day no refund policy!
 
If you, readers, want a motivation then I suggest you go to the horse's mouth i.e. Tony Robbins who revolutionized this game. And it is unfair how Eric Ho and John Lee do it... because they excite audiences through emotional story telling method, where their seminars are held for 2-3 days, long hours, deliberately making the audience tired and making it harder for us to think clearly and decide carefully, and prompting audience to say "yes" to many of rhetorical questions and multiples "hi5" among audiences and then encourage audience by stating they want “joint venture”, “partnerships” with only few select entrepreneurs and the offer is for "today only" sale price, and saying how Eric is only looking for only few partners only so its not for everyone (making it sound exclusive)! And he only wants few mentees only because he already has few of them already... That makes it exclusive and people sign up..... but after few months in the next seminar, he says the same thing and sign more mentees... and from different countries and it all becomes one big "social" group... hence, he loses track in 1 to 1 meetings of your progress and business plan.... and offers motivational advices only.
 
The contract states that you cannot ask for refund after 7-days but its hard to know, for anyone, within 7-days, what value you are getting esp. when the guy is flying around the world giving seminars when, ideally, you want a business mentor that can support you and give your advice in the time of need and hardship, not while he is posting videos of his latest gadget and business flight travels, which you, the mentees, had funded!! The irony is that, Eric present himself as the best son in the world to his parents, giving his father and mother a luxury watches and presents, when his parents, DONT know that its funded by these mentees who have worked hard to save up their money all their life and are paying £12,000! And some have really struggled to put that money together. I recall after a day or two of the seminar, both John Lee and Eric Ho, challenges the audience to see if they can raise money from their banks, friends and families and challenges everyone to make phone call during lunch break and see how much they can possibly raise…… during that day, it stays like that…. But its only until tomorrow or last day, when the offer for the “sale price for today only” is given and subconsciously the audience feels confident to take this offer because they were able to get loans or friends/family were willing to lend them a day before... see the trick??? These guys are experts, professionals in stealing your money!!! Vipers! Snakes! A bad name to Chinese/ Oriental community! A rotten tomatoes in the basket affecting all.
 
They are not different to those gurus, cult leaders, who builds followers and eventually brainwashes then and manipulate them.. its same technique! Eric Ho and John Lee builds followers from YouTube videos showing off gadgets, good lifestyle and happy mentees videos then you end up going to their seminar and hearing their well crafted and devised speeches, do activities, and make you feel they are great people, a guru and then challenging you to raise the money (from friends and family) then hooking you to buy their “sale price for today only” products. And to suck more out of you, there are many upsell in the pipeline...!
 
I saw many old ladies, retired ones, in their 60s running at the back of the room to sign up for a “LIMITED PLACES” only offers – without reading any terms and conditions! Some were signing up for Forex to use their special trading method to make unlimited amount of money whilst trading for half an hour a day! A pictures are shown of people being happy and drinking coffee and trading and making money! I think I should tell my investment banker friend in Canary Wharf to bring all their banker friends and his bosses and learn to trade so they can make all the money in the world in half an hour.... they don't have to invest millions in their sophesticated softwares that trades in micro-seconds and are competing with other banks and institutional investors!! No offence, but what do these retired ladies do to out-beat the investor bankers that uses latest tools, softwares, factors in speculations, world economy, politics, wars, currency fluctuation etc. etc.. Many of these ladies are old enough to be Eric's and John's mother! No mercy, no remorse! One mentee was charged double the normal price because she asked for 6-months extension in the mentorship, and she could not say anything about it..... but she shared her disappointment with us in the group.
 
Please people save your money, and if you are really need inspiration to do business then know one thing for sure...... all these types of motivation seminars are almost bullsh!t! If not ask any real business leaders from Fortune 500 or FTSE 250 companes...... and they will tell you what it really takes, and how competitive, dog eat dog world is out there...... thus the motivation part is only 5% of the business, the other 95% is pure hard work, grit, effort and sleepless nights......... to make it successful. Even that doesn't guarantee it! Almost every industry and sector have very high competition and innovations are quite rare, infrequent, and mainly big companies that invests heavily in Research & Development create it.... The money you need to invest to start the business costs almost double than your initial projection, and it takes twice a long than expected. You are alone, often questioning your own insanity at times, friends almost misunderstands you.... and once you have built your product or brand, then only you realise, you need more money to market it... and without marketing, there is no exposure and no one knows about it... so when you factor it all, the 12k you paid Eric Ho for motivation, was the money that you could have used for building your own business and marketing it...... now you are more broke than before and lack of money de-motivates and stops you from continuing to work on your start-up business. So not only Eric Ho has stolen your money but he has killed your dreams!
 
Please note, motivation gives you energy for temporary time only, maybe a month or two, then you go back to “default” that have built in you since your childhood! So how can one-off 2/3 days seminar change your “default”? It’s like trying to change a habit overnight. Can you? So, you can only change your “default” by consistently grinding through hard times and persevering and pushing through rejections and hard times... and having insatiable desire and hunger to succeed.. thus, only only few makes it? But if you need motivation, just go to the horse's mouth i.e. Tony Robbins who is probably best in the business. Not liars and hypocrite like Eric Ho and John Lee.
 
And if you really need mentor, you need go to real experts, which you can easily find on LinkedIn, industry publications, and surely you won’t have to pay 12k!!! You need experts from the industry you want to specialise in, and have contacts and networks with industry leaders, and can help you to raise finance, and be focused in you as much as you are working on your business, they push you, ask you hard questions, even gives you hard times and sometimes you hate him/her but after getting the results you want... you respect them! Thats the kind of mentor you want... what will Eric Ho and John Lee tell you? Motivate you? what about rest of the 95% grit. They hardly talk about it.. Can they introduce you to any Venture Capitalist? or Private Equity firm or Financial Institutions? Those professionals dislike motivational speakers and don’t even allow them in their circle, believe me! If you want join prestigious business clubs in London, check out London's Capital Club, Club house london, De Amstel Club, etc... and these clubs dont allow motivational gurus, if they find out they are trying to sell seminars or books etc, they are booted out! some clubs asks for your business’s revenue before joining... And these are the clubs where PE firms, VC, bankers, advisory firms i.e. 'Big 4' and 'Magic circle' professionals hang out! This is where you meet real business contacts! This is where you need to be, so they can pull you up to their bracket... not someone who is in your bracket and you have to pay 12k! Motivational gurus like Eric and John wont be allowed near that circle. They will be a laughing stock! Eric and John is just trying to ride off what Tony Robbins have achieved. He is one-off! I remember they said they want to go IPO on stock market! A motivational seminar company on stock market? In which security exchange? In Mars? What investment bank will represent them? In fact, their business is not sustaible in long term because anyone can be a motivational speaker with NLP courses and reading 100s of motivational books out there... you dont need any qualification! Thus, they are all over the YouTube now and ERic Ho and John Lee is getting competition, whether they like it or not!
 
So, find real expertise who can link you to bankers, lawyers, accountants, leading marketer, entrepreneurs.. NOT motivational speakers that post videos flashing their bling bling 3-5 times a day like a teenager! In fact, its so immature! I mean, Eric is like in his mid-30s and his girlfriend Marta (white girl) was a seminar attendee and Eric dumped his then girlfriend Jamie for Marta. And before Marta, the left Jamie for another attendee, her name is Trinity. But when she found out Eric was dating another seminar attendee Anna (with blond hair) she dumped him! All these girls pictures are in his FB, Insta, if you go back time... What’s sad is that Jamie still works for him, H Akademy, and have to face Eric and his new girlfriend... And Eric Ho has the heart to face her everyday with his new girlfriend in the same place. Its all over their social media... its sad! But that should tell you the credibility of the guy that you have to pay 12k!! Of course, I only came to know this all after a 1-year mentorship program and Eric was publicly (In Wats App group) arguing and fighting with another girl called Jadey, who worked for him but she left after realising everything...
A challenge will be find out how well his mentees have done in their business, besides the YouTube video testimonials, since they had taken up his program.. its hard to know their revenuce increase after few months of the program, so their company's financial statement before and after the program should be compared and validated.. Of course no one would do that... Any previous mentees up for that challenge? Well all his mentees disappear after 12 months and new arrivals are excited and buzzing every year… until they cool off at the end of the year, get kicked out from Wats App and FB group……… I hope some of those new mentee reads this and realises how it works with these con artists... Eric Ho is a fraud!
submitted by paulhorne22 to u/paulhorne22 [link] [comments]

ERIC HO

This post was created as I felt compelled to share my experience with Eric Ho's mentorship program that I'd signed up to, along with about 10 other mentees and paid £12,000 each for 1-year program. To provide authenticity of my account, I have provided PROOF of the receipt, plus his "up sell" to other programs, and how he boots people out at the end and there is no more contacts with him whatsoever. I have also found other website, where people have complaining and have lost money, like I had done. I will post the link below in the message, and it shows Eric Ho's company details from Gov.uk's Companies House, which are not worth what he claims, in fact many are in debt & closed down..
 
Here, I CHALLENGE Eric Ho to comment below this post if he thinks this is an unfair account, as he commented on his Facebook saying how this is not a true reflection of his program... I can provide PROOFs of all the accounts & experience detailed here, from other ex-mentees and how we'd all suffered and lost our savings, with no real value in the end... and if I can provide these proofs, will Eric Ho refund all our payments? Come on Eric Ho, I challenge you.. If you are honest, you should be able to take up this challenge than just comment in your FB..
 
First, see a link below, for the proof that I was his ex-mentee, so my details below comes from after going through his mentorship program, and it shows further proofs of "up sell", and how he booted everyone out in the end, and how we were only given 7-days to ask for our refund or else your payment is vanished!! And how is anyone suppose to know within 7-days that the mentorship was not a valuable program and it was full of "motivation" rally within a week of signing up?? See: https://drive.google.com/open?id=1QT9POxakgkIrXFEQN8uS4VqtEcD08F89
  See other people complain about Eric Ho's scam, and John Lee, and their method, which is just telling stories after stories and showing pictures of their success and cars (some outside the car show room) and claiming to be very successful, when they are not... company house record shows average financial statement.. https://www.propertytribes.com/eric-ho-t-127631542.html
 
Eric Hor, was introduced in one of John Lee's of Wealth Dragon seminar. There were bunch of us in the mentee group, mainly women who seemed vulnerable and naive i.e single mothers and old ladies. Eric Ho operates from his website, erichoofficial.com & hakademy.com.
 
Eric Ho promised a lots of things prior to signing up to his program and he promised all the mentees that he would help them to launch their business and in many cases, collaborate with his existing business and provide a platform and contacts to leverage our business... hence, paying £12,000 is worth it, in fact its cheap! However, it was far from that.. It became obvious after a few months, and until this point, it was all "motivational" stuffs i.e. meeting up with the group of mentees for dinner and drinks after one of his seminars in London and during these meet ups it was mainly him posting live videos on YouTube with bunch of mentees for his own marketing campaign (to show people what a good time we are all having and to get Likes and Shares). However, secretly many of his mentees were suffering as we forked out £1000 monthly towards his program and it was costing us more than our monthly mortgage payment!
 
Time goes fast, you set appointment with Eric whenever he is in London, but he sees all of his mentees after his 2-3 days seminar, where he is tired after long event, so it's rushed through as only 30mins appointment, and given generic advices and he is seeing mentees one after another.. During this appointments you go there and wait, he is talking to another mentee, then your turn comes, as you start the meeting, you see the anotehr mentee waiting for you to finish the meeting... so Eric Ho is in a rush to see you off. Hence, advices are given on the spot... He even forgets the last conversation you've had with him and repeats many comments / feedback that was given in the last appointment, as he sees all the mentees + new followers (to sign them up for his program) on that day... the new followers are far more important to him as they are a potential leads for another 12k per person and since we've already paid our fees and locked in the contract... we are a less priority for him. He forgets the action plan you had discussed with him in the last meeting and its clear that he cannot keep track of all his mentees seeing one after another after his long 2-3 days seminar event... He is very tired and gives you generic marketing advice. And when you make progress or need some suggestions from Eric Ho, our "mentor", he is out out of the country, somewhere overseas, posting videos from the beach about his luxurious lifestyle, flying business class flights and showing off his latest branded watch! and you are there stuck and unable to contact him or in the best case you receive a messages on Wats App. And that’s all...
 
You wait for him to return, but then you see another video from another part of the world, again, marketing himself and his seminars, and his new gadgets or a catchy video title and image of him and his latest girlfriend. Talking about his girlfriend.. he keeps using them in his video, to get likes and views, then after a year or so, there's a new girl and the old one is never seen again! And his new girlfriends are the seminar audience! At this time you start to doubt if Eric is serious about business. A true business man, a mentor should be there for you and know and care abot your business as much as you do.... not posting 5 videos, and 10 selfie a day! Think about it people.. his mind is occupied by social media posts and videos, and all he wants is NEW leads so he can generate additional fees... once you have paid, you are yesterdays newspaper to him..... You true business personnel dont act like this i.e. Fortune 500 companies executives, FTSE 250 leaders don’t act like a child showing off their new toys on a social media with his cars, watches, house etc.. Its unbearable as you begin to wonder that your payment is actually funding his lifestyle and his latest gadgets, and you are cant even reach him!
 
You begin to wonder and talk to other mentees and they all feel the same but no one dares to confront him as he is "so nice" and always so "positive" talking about "motivational stuffs", a sage, guru, who acts like one of those religious cult figures that brain washes people and builds up followers for his ulterior motive. The key here is, get likes and shares from Facebook, Insta, YouTube etc.. then get them to attend the seminar and then use classical sales technique i.e. "one day offer only" and sign them up for 12 months contract, where you can only ask for refund within 7 days (terms) and its impossible to know that you wont get any value within 7 days, so now you are locked in the contract and if you miss payment, Eric Ho and John Lee (Wealth Dragon) will send you red letter to take you to Debt Recovery and send bailiff to your house... and they have in-house lawyers workling for them, who emails you warning you of the consequences.... then you get worried and also have no time to go to the court and pay additional fee to solicitors not knowing you might lose more money because you have signed the contract... so you keep quite and pay the 12k!!! "Its numbers game" as they say... for example, get 100 likes and views, from that, get 20 people to seminar, then get 1 person to sign up and lock in 12 months contract... thats 12k! Now multiply this by few hundreds and thousands, then there you have it.. About 30-40 mentees a year, plus now "UP SELL" their other products, i.e. Public speaking, Forex, Property investments, Heath & Fitness, Spiritual mind etc.... thats their game! And make you bankrupt!!
 
By the way, if you want to learn Public Speaking, then just join your local Toastmasters club, where you will only pay between £50-£60 for 6 months!! with every 2 x weeks meetings, it will cost you more or less the same price of a coffee/tea per meeting. Toastmasters is everywhere, almost in every country. I have now completed almost my 10th speech. One thing about Public speaking is, its not a skill you obtained by attending a weekend or week long training that Eric Hor and John Lee is offering.. you must attend regularly every 2-3 weeks, even if you miss some meetings (that don't matter), to develop your skills. It's developed and built over time - not by attending short trainings on weekends or week-long program paying thousands of pounds/dollars. So dont be fool, don't pay Eric Hor and John Lee. Public speaking skills is like any other skills you learn, whether sports, or your regular exercise. If you stop going to gym for few months... what happens? Same with public speaking... you must attend regularly for at least 6-months to a 1-year.. then you develop skills + see other speakers do it, which you will pick up subconsciously, and when you step up to do your speech.. you will naturally exhibit skills (that you had picked up by watching other speakers on a regular basis by going to these meetings).. also, for every speech, you are given a detailed guide, as to how to structure it i.e. bullet points, linking between these points, and how to put a capturing opening and conclusive closing of your speech. You will also learn how to use body language, vocal variety, include research information in some speeches, which really helps professionals wanting to do great presentation for their work etc. And you become better at it, over time. You can never learn this over a weekend intensive course or week long course. Once you go through the Toastmasters club, the process will stay with you forever - just like driving a car or bike. So save you money from these fraudsters and join Toastmasters International club, which has nearly 16,000 clubs worldwide. You will also learn to take leadership roles as these two skills go hand in hand. Check out: toastmasters.org and click on "Find a club".
 
Eric Ho uses uses a traditional sales technique as he takes you through an emotional ride by sharing his stories, and others stories, and then says that he wants to work with "entrepreneurs" and he is looking to "invest" in the right business and "collaborate" with them, and this makes you feel like signing up to his mentorship, and it could perhaps, provide that opportunity to launch your business. With that mindset, he lures you towards him and when he offers the "1-day only" sales offer, at the end of the seminar to sign up, you do it! But there is no plan, no accountability, no real business expertise provided, except FULL of motivational stuffs, which you can nowadays watch on YouTube and feel the same or better. All you get is his regular get together for dinner and drink (which you have to pay yourself btw), and again, his posts on YouTube video promotions with all the mentee group for marketing to show what a good time we are having. Who will rant or show sad face on the video (live)?
I was in a group, where there was single mothers and some of them borrowed money from their parents to sign up to Eric's mentorship so she can make her business successful. She promised to pay back to her parents but it never happened as her parents passed away, before she could make any money. And Eric didn't even share the 50% profit that she had generated through her sales i.e. webinar sign-up consulting therapy work, after getting some leads from one of the webinar Eric had sets up. It takes her 3 months to get her 50% share. She even cried in one of our meet ups and shared her story. Another lady, Psychologist, that signed up, she spoke on the Eric's stage few times, she was very happy, got her to give him fantastic testimonial, she changed her title to "international speaker", and time goes fast... soon it was 12-months and she was crying in one of Eric's seminar at the back stage because it only hit her that she hasn't made her money back but paid 12k! Eric saw her cry, he knew WHY! as others try to sooth her, but he went on the stage and did his gig! There was no remorse nor any sympathy...... yet he acts like he feeds those childred in Kenya! Oh by the way, it was told that this charity is not his set up... it was existing orphanage and they would work with anyone that give them donation and you can put that in your business as a social enterprise business. And why wouldn't they accept donation for such purpose?
 
Another mentee, similar type of business, didn't get anything i.e. 50% commission, so he stopped asking after few times and completely dis-engaged with Eric and stopped talking completely after about 6-months in the program.
 
Eric lied to another mentee suggesting that he will use his product in his existing business to collaborate with him and launh his product in his YoYo Noodles bars, which Eric supposedly owns. He signed up to it, but it never happened and when he asked to Eric about it, after few months of developing a product and brand, Eric simply said that he had already sold his noodle franchise business. So he can't help him! However, it turned out to be a plain lie as Eric still owned the business and he was participating in Franchise trade shows later that year. He still owns this YoYo Noodle franchise and can be easily seen in Google search.
 
Another mentee couldn't afford the fees, so she was called by their staff called Marcos from Wealth Dragon, a big spanish bull dog that looks like a bouncer but acts like a motivational guru himself until you miss 1-payment! He acted like a bully when she didn't pay on time and this mentee, was already in debt and Marcos advised her to take loans from her credit cards as she would easily recoup that money anyway from the program, and when she was unable to keep up the payment to Eric, after few months, she was instantly kicked out without any notice and blocked from the Wats App and Facebook group. That’s when we saw the real Eric Ho.., not so nice and kind as he appears to be on the stage and videos and showing off his charity work in Kenya... Oh yeah, once you are mentee, you will get a "special deal" to volunteer and go to Kenya with him to do this charity work and the price you pay on a special deal is much more expensive than you would have booked a ticket and accomodation and gone by yourself... Another "upsell" like his books, like the upcoming seminar tickets, some "hero" seminar, but the principal is same.. motivation and emotional roller coaster stories and "upsell" another product.. there were few guys who finished all their savings by keep buying into these programs.. One nurse lady, single, in her 50s, spent more than 30k in all of their seminars, combined with, mentorship, forex, property, public speaking etc.. all her life time saving, all that over time she did.... tut tut.
 
There is nothing special or no real expertise offered in business by Eric Ho because all the advice is generic and 90% are motivational. And since all motivational in YouTube videos are sourced from Napoleon Hill's Think and Grow Rich book and the Power of Law of Attraction book etc. The 99% of the motivational gurus use these techniques to elaborate and explain their stories and persuade and convince audience to excite and take action.. And take action you will, by paying £12,000 for 1-year of generic advice and about 5 to 7 appointment with him (since he is out of the country more than half of the year giving seminars)... so how can you meet him possibly even if you want to........ Have you ever noticed that 99% of his previous mentees are completely out of the picture or out of touch after 1-year... ever wonder why? Because it finally sinks into them that it was all bullsh!t and they lost their money! Deep down inside in their heart, they know they lost their money, and there was nothing they could do after 7-day no refund policy!
 
If you, readers, want a motivation then I suggest you go to the horse's mouth i.e. Tony Robbins who revolutionized this game. And it is unfair how Eric Ho and John Lee do it... because they excite audiences through emotional story telling method, where their seminars are held for 2-3 days, long hours, deliberately making the audience tired and making it harder for us to think clearly and decide carefully, and prompting audience to say "yes" to many of rhetorical questions and multiples "hi5" among audiences and then encourage audience by stating they want “joint venture”, “partnerships” with only few select entrepreneurs and the offer is for "today only" sale price, and saying how Eric is only looking for only few partners only so its not for everyone (making it sound exclusive)! And he only wants few mentees only because he already has few of them already... That makes it exclusive and people sign up..... but after few months in the next seminar, he says the same thing and sign more mentees... and from different countries and it all becomes one big "social" group... hence, he loses track in 1 to 1 meetings of your progress and business plan.... and offers motivational advices only.
 
The contract states that you cannot ask for refund after 7-days but its hard to know, for anyone, within 7-days, what value you are getting esp. when the guy is flying around the world giving seminars when, ideally, you want a business mentor that can support you and give your advice in the time of need and hardship, not while he is posting videos of his latest gadget and business flight travels, which you, the mentees, had funded!! The irony is that, Eric present himself as the best son in the world to his parents, giving his father and mother a luxury watches and presents, when his parents, DONT know that its funded by these mentees who have worked hard to save up their money all their life and are paying £12,000! And some have really struggled to put that money together. I recall after a day or two of the seminar, both John Lee and Eric Ho, challenges the audience to see if they can raise money from their banks, friends and families and challenges everyone to make phone call during lunch break and see how much they can possibly raise…… during that day, it stays like that…. But its only until tomorrow or last day, when the offer for the “sale price for today only” is given and subconsciously the audience feels confident to take this offer because they were able to get loans or friends/family were willing to lend them a day before... see the trick??? These guys are experts, professionals in stealing your money!!! Vipers! Snakes! A bad name to Chinese/ Oriental community! A rotten tomatoes in the basket affecting all.
 
They are not different to those gurus, cult leaders, who builds followers and eventually brainwashes then and manipulate them.. its same technique! Eric Ho and John Lee builds followers from YouTube videos showing off gadgets, good lifestyle and happy mentees videos then you end up going to their seminar and hearing their well crafted and devised speeches, do activities, and make you feel they are great people, a guru and then challenging you to raise the money (from friends and family) then hooking you to buy their “sale price for today only” products. And to suck more out of you, there are many upsell in the pipeline...!
 
I saw many old ladies, retired ones, in their 60s running at the back of the room to sign up for a “LIMITED PLACES” only offers – without reading any terms and conditions! Some were signing up for Forex to use their special trading method to make unlimited amount of money whilst trading for half an hour a day! A pictures are shown of people being happy and drinking coffee and trading and making money! I think I should tell my investment banker friend in Canary Wharf to bring all their banker friends and his bosses and learn to trade so they can make all the money in the world in half an hour.... they don't have to invest millions in their sophesticated softwares that trades in micro-seconds and are competing with other banks and institutional investors!! No offence, but what do these retired ladies do to out-beat the investor bankers that uses latest tools, softwares, factors in speculations, world economy, politics, wars, currency fluctuation etc. etc.. Many of these ladies are old enough to be Eric's and John's mother! No mercy, no remorse! One mentee was charged double the normal price because she asked for 6-months extension in the mentorship, and she could not say anything about it..... but she shared her disappointment with us in the group.
 
Please people save your money, and if you are really need inspiration to do business then know one thing for sure...... all these types of motivation seminars are almost bullsh!t! If not ask any real business leaders from Fortune 500 or FTSE 250 companes...... and they will tell you what it really takes, and how competitive, dog eat dog world is out there...... thus the motivation part is only 5% of the business, the other 95% is pure hard work, grit, effort and sleepless nights......... to make it successful. Even that doesn't guarantee it! Almost every industry and sector have very high competition and innovations are quite rare, infrequent, and mainly big companies that invests heavily in Research & Development create it.... The money you need to invest to start the business costs almost double than your initial projection, and it takes twice a long than expected. You are alone, often questioning your own insanity at times, friends almost misunderstands you.... and once you have built your product or brand, then only you realise, you need more money to market it... and without marketing, there is no exposure and no one knows about it... so when you factor it all, the 12k you paid Eric Ho for motivation, was the money that you could have used for building your own business and marketing it...... now you are more broke than before and lack of money de-motivates and stops you from continuing to work on your start-up business. So not only Eric Ho has stolen your money but he has killed your dreams!
 
Please note, motivation gives you energy for temporary time only, maybe a month or two, then you go back to “default” that have built in you since your childhood! So how can one-off 2/3 days seminar change your “default”? It’s like trying to change a habit overnight. Can you? So, you can only change your “default” by consistently grinding through hard times and persevering and pushing through rejections and hard times... and having insatiable desire and hunger to succeed.. thus, only only few makes it? But if you need motivation, just go to the horse's mouth i.e. Tony Robbins who is probably best in the business. Not liars and hypocrite like Eric Ho and John Lee.
 
And if you really need mentor, you need go to real experts, which you can easily find on LinkedIn, industry publications, and surely you won’t have to pay 12k!!! You need experts from the industry you want to specialise in, and have contacts and networks with industry leaders, and can help you to raise finance, and be focused in you as much as you are working on your business, they push you, ask you hard questions, even gives you hard times and sometimes you hate him/her but after getting the results you want... you respect them! Thats the kind of mentor you want... what will Eric Ho and John Lee tell you? Motivate you? what about rest of the 95% grit. They hardly talk about it.. Can they introduce you to any Venture Capitalist? or Private Equity firm or Financial Institutions? Those professionals dislike motivational speakers and don’t even allow them in their circle, believe me! If you want join prestigious business clubs in London, check out London's Capital Club, Club house london, De Amstel Club, etc... and these clubs dont allow motivational gurus, if they find out they are trying to sell seminars or books etc, they are booted out! some clubs asks for your business’s revenue before joining... And these are the clubs where PE firms, VC, bankers, advisory firms i.e. 'Big 4' and 'Magic circle' professionals hang out! This is where you meet real business contacts! This is where you need to be, so they can pull you up to their bracket... not someone who is in your bracket and you have to pay 12k! Motivational gurus like Eric and John wont be allowed near that circle. They will be a laughing stock! Eric and John is just trying to ride off what Tony Robbins have achieved. He is one-off! I remember they said they want to go IPO on stock market! A motivational seminar company on stock market? In which security exchange? In Mars? What investment bank will represent them? In fact, their business is not sustaible in long term because anyone can be a motivational speaker with NLP courses and reading 100s of motivational books out there... you dont need any qualification! Thus, they are all over the YouTube now and ERic Ho and John Lee is getting competition, whether they like it or not!
 
So, find real expertise who can link you to bankers, lawyers, accountants, leading marketer, entrepreneurs.. NOT motivational speakers that post videos flashing their bling bling 3-5 times a day like a teenager! In fact, its so immature! I mean, Eric is like in his mid-30s and his girlfriend Marta (white girl) was a seminar attendee and Eric dumped his then girlfriend Jamie for Marta. And before Marta, the left Jamie for another attendee, her name is Trinity. But when she found out Eric was dating another seminar attendee Anna (with blond hair) she dumped him! All these girls pictures are in his FB, Insta, if you go back time... What’s sad is that Jamie still works for him, H Akademy, and have to face Eric and his new girlfriend... And Eric Ho has the heart to face her everyday with his new girlfriend in the same place. Its all over their social media... its sad! But that should tell you the credibility of the guy that you have to pay 12k!! Of course, I only came to know this all after a 1-year mentorship program and Eric was publicly (In Wats App group) arguing and fighting with another girl called Jadey, who worked for him but she left after realising everything...
A challenge will be find out how well his mentees have done in their business, besides the YouTube video testimonials, since they had taken up his program.. its hard to know their revenuce increase after few months of the program, so their company's financial statement before and after the program should be compared and validated.. Of course no one would do that... Any previous mentees up for that challenge? Well all his mentees disappear after 12 months and new arrivals are excited and buzzing every year… until they cool off at the end of the year, get kicked out from Wats App and FB group……… I hope some of those new mentee reads this and realises how it works with these con artists... Eric Ho is a fraud!
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ERIC HO REVIEW

This post was created as I felt compelled to share my experience with Eric Ho's mentorship program that I'd signed up to, along with about 10 other mentees and paid £12,000 each for 1-year program. To provide authenticity of my account, I have provided PROOF of the receipt, plus his "up sell" to other programs, and how he boots people out at the end and there is no more contacts with him whatsoever. I have also found other website, where people have complaining and have lost money, like I had done. I will post the link below in the message, and it shows Eric Ho's company details from Gov.uk's Companies House, which are not worth what he claims, in fact many are in debt & closed down..
 
Here, I CHALLENGE Eric Ho to comment below this post if he thinks this is an unfair account, as he commented on his Facebook saying how this is not a true reflection of his program... I can provide PROOFs of all the accounts & experience detailed here, from other ex-mentees and how we'd all suffered and lost our savings, with no real value in the end... and if I can provide these proofs, will Eric Ho refund all our payments? Come on Eric Ho, I challenge you.. If you are honest, you should be able to take up this challenge than just comment in your FB..
 
First, see a link below, for the proof that I was his ex-mentee, so my details below comes from after going through his mentorship program, and it shows further proofs of "up sell", and how he booted everyone out in the end, and how we were only given 7-days to ask for our refund or else your payment is vanished!! And how is anyone suppose to know within 7-days that the mentorship was not a valuable program and it was full of "motivation" rally within a week of signing up?? See: https://drive.google.com/open?id=1QT9POxakgkIrXFEQN8uS4VqtEcD08F89
  See other people complain about Eric Ho's scam, and John Lee, and their method, which is just telling stories after stories and showing pictures of their success and cars (some outside the car show room) and claiming to be very successful, when they are not... company house record shows average financial statement.. https://www.propertytribes.com/eric-ho-t-127631542.html
 
Eric Hor, was introduced in one of John Lee's of Wealth Dragon seminar. There were bunch of us in the mentee group, mainly women who seemed vulnerable and naive i.e single mothers and old ladies. Eric Ho operates from his website, erichoofficial.com & hakademy.com.
 
Eric Ho promised a lots of things prior to signing up to his program and he promised all the mentees that he would help them to launch their business and in many cases, collaborate with his existing business and provide a platform and contacts to leverage our business... hence, paying £12,000 is worth it, in fact its cheap! However, it was far from that.. It became obvious after a few months, and until this point, it was all "motivational" stuffs i.e. meeting up with the group of mentees for dinner and drinks after one of his seminars in London and during these meet ups it was mainly him posting live videos on YouTube with bunch of mentees for his own marketing campaign (to show people what a good time we are all having and to get Likes and Shares). However, secretly many of his mentees were suffering as we forked out £1000 monthly towards his program and it was costing us more than our monthly mortgage payment!
 
Time goes fast, you set appointment with Eric whenever he is in London, but he sees all of his mentees after his 2-3 days seminar, where he is tired after long event, so it's rushed through as only 30mins appointment, and given generic advices and he is seeing mentees one after another.. During this appointments you go there and wait, he is talking to another mentee, then your turn comes, as you start the meeting, you see the anotehr mentee waiting for you to finish the meeting... so Eric Ho is in a rush to see you off. Hence, advices are given on the spot... He even forgets the last conversation you've had with him and repeats many comments / feedback that was given in the last appointment, as he sees all the mentees + new followers (to sign them up for his program) on that day... the new followers are far more important to him as they are a potential leads for another 12k per person and since we've already paid our fees and locked in the contract... we are a less priority for him. He forgets the action plan you had discussed with him in the last meeting and its clear that he cannot keep track of all his mentees seeing one after another after his long 2-3 days seminar event... He is very tired and gives you generic marketing advice. And when you make progress or need some suggestions from Eric Ho, our "mentor", he is out out of the country, somewhere overseas, posting videos from the beach about his luxurious lifestyle, flying business class flights and showing off his latest branded watch! and you are there stuck and unable to contact him or in the best case you receive a messages on Wats App. And that’s all...
 
You wait for him to return, but then you see another video from another part of the world, again, marketing himself and his seminars, and his new gadgets or a catchy video title and image of him and his latest girlfriend. Talking about his girlfriend.. he keeps using them in his video, to get likes and views, then after a year or so, there's a new girl and the old one is never seen again! And his new girlfriends are the seminar audience! At this time you start to doubt if Eric is serious about business. A true business man, a mentor should be there for you and know and care abot your business as much as you do.... not posting 5 videos, and 10 selfie a day! Think about it people.. his mind is occupied by social media posts and videos, and all he wants is NEW leads so he can generate additional fees... once you have paid, you are yesterdays newspaper to him..... You true business personnel dont act like this i.e. Fortune 500 companies executives, FTSE 250 leaders don’t act like a child showing off their new toys on a social media with his cars, watches, house etc.. Its unbearable as you begin to wonder that your payment is actually funding his lifestyle and his latest gadgets, and you are cant even reach him!
 
You begin to wonder and talk to other mentees and they all feel the same but no one dares to confront him as he is "so nice" and always so "positive" talking about "motivational stuffs", a sage, guru, who acts like one of those religious cult figures that brain washes people and builds up followers for his ulterior motive. The key here is, get likes and shares from Facebook, Insta, YouTube etc.. then get them to attend the seminar and then use classical sales technique i.e. "one day offer only" and sign them up for 12 months contract, where you can only ask for refund within 7 days (terms) and its impossible to know that you wont get any value within 7 days, so now you are locked in the contract and if you miss payment, Eric Ho and John Lee (Wealth Dragon) will send you red letter to take you to Debt Recovery and send bailiff to your house... and they have in-house lawyers workling for them, who emails you warning you of the consequences.... then you get worried and also have no time to go to the court and pay additional fee to solicitors not knowing you might lose more money because you have signed the contract... so you keep quite and pay the 12k!!! "Its numbers game" as they say... for example, get 100 likes and views, from that, get 20 people to seminar, then get 1 person to sign up and lock in 12 months contract... thats 12k! Now multiply this by few hundreds and thousands, then there you have it.. About 30-40 mentees a year, plus now "UP SELL" their other products, i.e. Public speaking, Forex, Property investments, Heath & Fitness, Spiritual mind etc.... thats their game! And make you bankrupt!!
 
By the way, if you want to learn Public Speaking, then just join your local Toastmasters club, where you will only pay between £50-£60 for 6 months!! with every 2 x weeks meetings, it will cost you more or less the same price of a coffee/tea per meeting. Toastmasters is everywhere, almost in every country. I have now completed almost my 10th speech. One thing about Public speaking is, its not a skill you obtained by attending a weekend or week long training that Eric Hor and John Lee is offering.. you must attend regularly every 2-3 weeks, even if you miss some meetings (that don't matter), to develop your skills. It's developed and built over time - not by attending short trainings on weekends or week-long program paying thousands of pounds/dollars. So dont be fool, don't pay Eric Hor and John Lee. Public speaking skills is like any other skills you learn, whether sports, or your regular exercise. If you stop going to gym for few months... what happens? Same with public speaking... you must attend regularly for at least 6-months to a 1-year.. then you develop skills + see other speakers do it, which you will pick up subconsciously, and when you step up to do your speech.. you will naturally exhibit skills (that you had picked up by watching other speakers on a regular basis by going to these meetings).. also, for every speech, you are given a detailed guide, as to how to structure it i.e. bullet points, linking between these points, and how to put a capturing opening and conclusive closing of your speech. You will also learn how to use body language, vocal variety, include research information in some speeches, which really helps professionals wanting to do great presentation for their work etc. And you become better at it, over time. You can never learn this over a weekend intensive course or week long course. Once you go through the Toastmasters club, the process will stay with you forever - just like driving a car or bike. So save you money from these fraudsters and join Toastmasters International club, which has nearly 16,000 clubs worldwide. You will also learn to take leadership roles as these two skills go hand in hand. Check out: toastmasters.org and click on "Find a club".
 
Eric Ho uses uses a traditional sales technique as he takes you through an emotional ride by sharing his stories, and others stories, and then says that he wants to work with "entrepreneurs" and he is looking to "invest" in the right business and "collaborate" with them, and this makes you feel like signing up to his mentorship, and it could perhaps, provide that opportunity to launch your business. With that mindset, he lures you towards him and when he offers the "1-day only" sales offer, at the end of the seminar to sign up, you do it! But there is no plan, no accountability, no real business expertise provided, except FULL of motivational stuffs, which you can nowadays watch on YouTube and feel the same or better. All you get is his regular get together for dinner and drink (which you have to pay yourself btw), and again, his posts on YouTube video promotions with all the mentee group for marketing to show what a good time we are having. Who will rant or show sad face on the video (live)?
I was in a group, where there was single mothers and some of them borrowed money from their parents to sign up to Eric's mentorship so she can make her business successful. She promised to pay back to her parents but it never happened as her parents passed away, before she could make any money. And Eric didn't even share the 50% profit that she had generated through her sales i.e. webinar sign-up consulting therapy work, after getting some leads from one of the webinar Eric had sets up. It takes her 3 months to get her 50% share. She even cried in one of our meet ups and shared her story. Another lady, Psychologist, that signed up, she spoke on the Eric's stage few times, she was very happy, got her to give him fantastic testimonial, she changed her title to "international speaker", and time goes fast... soon it was 12-months and she was crying in one of Eric's seminar at the back stage because it only hit her that she hasn't made her money back but paid 12k! Eric saw her cry, he knew WHY! as others try to sooth her, but he went on the stage and did his gig! There was no remorse nor any sympathy...... yet he acts like he feeds those childred in Kenya! Oh by the way, it was told that this charity is not his set up... it was existing orphanage and they would work with anyone that give them donation and you can put that in your business as a social enterprise business. And why wouldn't they accept donation for such purpose?
 
Another mentee, similar type of business, didn't get anything i.e. 50% commission, so he stopped asking after few times and completely dis-engaged with Eric and stopped talking completely after about 6-months in the program.
 
Eric lied to another mentee suggesting that he will use his product in his existing business to collaborate with him and launh his product in his YoYo Noodles bars, which Eric supposedly owns. He signed up to it, but it never happened and when he asked to Eric about it, after few months of developing a product and brand, Eric simply said that he had already sold his noodle franchise business. So he can't help him! However, it turned out to be a plain lie as Eric still owned the business and he was participating in Franchise trade shows later that year. He still owns this YoYo Noodle franchise and can be easily seen in Google search.
 
Another mentee couldn't afford the fees, so she was called by their staff called Marcos from Wealth Dragon, a big spanish bull dog that looks like a bouncer but acts like a motivational guru himself until you miss 1-payment! He acted like a bully when she didn't pay on time and this mentee, was already in debt and Marcos advised her to take loans from her credit cards as she would easily recoup that money anyway from the program, and when she was unable to keep up the payment to Eric, after few months, she was instantly kicked out without any notice and blocked from the Wats App and Facebook group. That’s when we saw the real Eric Ho.., not so nice and kind as he appears to be on the stage and videos and showing off his charity work in Kenya... Oh yeah, once you are mentee, you will get a "special deal" to volunteer and go to Kenya with him to do this charity work and the price you pay on a special deal is much more expensive than you would have booked a ticket and accomodation and gone by yourself... Another "upsell" like his books, like the upcoming seminar tickets, some "hero" seminar, but the principal is same.. motivation and emotional roller coaster stories and "upsell" another product.. there were few guys who finished all their savings by keep buying into these programs.. One nurse lady, single, in her 50s, spent more than 30k in all of their seminars, combined with, mentorship, forex, property, public speaking etc.. all her life time saving, all that over time she did.... tut tut.
 
There is nothing special or no real expertise offered in business by Eric Ho because all the advice is generic and 90% are motivational. And since all motivational in YouTube videos are sourced from Napoleon Hill's Think and Grow Rich book and the Power of Law of Attraction book etc. The 99% of the motivational gurus use these techniques to elaborate and explain their stories and persuade and convince audience to excite and take action.. And take action you will, by paying £12,000 for 1-year of generic advice and about 5 to 7 appointment with him (since he is out of the country more than half of the year giving seminars)... so how can you meet him possibly even if you want to........ Have you ever noticed that 99% of his previous mentees are completely out of the picture or out of touch after 1-year... ever wonder why? Because it finally sinks into them that it was all bullsh!t and they lost their money! Deep down inside in their heart, they know they lost their money, and there was nothing they could do after 7-day no refund policy!
 
If you, readers, want a motivation then I suggest you go to the horse's mouth i.e. Tony Robbins who revolutionized this game. And it is unfair how Eric Ho and John Lee do it... because they excite audiences through emotional story telling method, where their seminars are held for 2-3 days, long hours, deliberately making the audience tired and making it harder for us to think clearly and decide carefully, and prompting audience to say "yes" to many of rhetorical questions and multiples "hi5" among audiences and then encourage audience by stating they want “joint venture”, “partnerships” with only few select entrepreneurs and the offer is for "today only" sale price, and saying how Eric is only looking for only few partners only so its not for everyone (making it sound exclusive)! And he only wants few mentees only because he already has few of them already... That makes it exclusive and people sign up..... but after few months in the next seminar, he says the same thing and sign more mentees... and from different countries and it all becomes one big "social" group... hence, he loses track in 1 to 1 meetings of your progress and business plan.... and offers motivational advices only.
 
The contract states that you cannot ask for refund after 7-days but its hard to know, for anyone, within 7-days, what value you are getting esp. when the guy is flying around the world giving seminars when, ideally, you want a business mentor that can support you and give your advice in the time of need and hardship, not while he is posting videos of his latest gadget and business flight travels, which you, the mentees, had funded!! The irony is that, Eric present himself as the best son in the world to his parents, giving his father and mother a luxury watches and presents, when his parents, DONT know that its funded by these mentees who have worked hard to save up their money all their life and are paying £12,000! And some have really struggled to put that money together. I recall after a day or two of the seminar, both John Lee and Eric Ho, challenges the audience to see if they can raise money from their banks, friends and families and challenges everyone to make phone call during lunch break and see how much they can possibly raise…… during that day, it stays like that…. But its only until tomorrow or last day, when the offer for the “sale price for today only” is given and subconsciously the audience feels confident to take this offer because they were able to get loans or friends/family were willing to lend them a day before... see the trick??? These guys are experts, professionals in stealing your money!!! Vipers! Snakes! A bad name to Chinese/ Oriental community! A rotten tomatoes in the basket affecting all.
 
They are not different to those gurus, cult leaders, who builds followers and eventually brainwashes then and manipulate them.. its same technique! Eric Ho and John Lee builds followers from YouTube videos showing off gadgets, good lifestyle and happy mentees videos then you end up going to their seminar and hearing their well crafted and devised speeches, do activities, and make you feel they are great people, a guru and then challenging you to raise the money (from friends and family) then hooking you to buy their “sale price for today only” products. And to suck more out of you, there are many upsell in the pipeline...!
 
I saw many old ladies, retired ones, in their 60s running at the back of the room to sign up for a “LIMITED PLACES” only offers – without reading any terms and conditions! Some were signing up for Forex to use their special trading method to make unlimited amount of money whilst trading for half an hour a day! A pictures are shown of people being happy and drinking coffee and trading and making money! I think I should tell my investment banker friend in Canary Wharf to bring all their banker friends and his bosses and learn to trade so they can make all the money in the world in half an hour.... they don't have to invest millions in their sophesticated softwares that trades in micro-seconds and are competing with other banks and institutional investors!! No offence, but what do these retired ladies do to out-beat the investor bankers that uses latest tools, softwares, factors in speculations, world economy, politics, wars, currency fluctuation etc. etc.. Many of these ladies are old enough to be Eric's and John's mother! No mercy, no remorse! One mentee was charged double the normal price because she asked for 6-months extension in the mentorship, and she could not say anything about it..... but she shared her disappointment with us in the group.
 
Please people save your money, and if you are really need inspiration to do business then know one thing for sure...... all these types of motivation seminars are almost bullsh!t! If not ask any real business leaders from Fortune 500 or FTSE 250 companes...... and they will tell you what it really takes, and how competitive, dog eat dog world is out there...... thus the motivation part is only 5% of the business, the other 95% is pure hard work, grit, effort and sleepless nights......... to make it successful. Even that doesn't guarantee it! Almost every industry and sector have very high competition and innovations are quite rare, infrequent, and mainly big companies that invests heavily in Research & Development create it.... The money you need to invest to start the business costs almost double than your initial projection, and it takes twice a long than expected. You are alone, often questioning your own insanity at times, friends almost misunderstands you.... and once you have built your product or brand, then only you realise, you need more money to market it... and without marketing, there is no exposure and no one knows about it... so when you factor it all, the 12k you paid Eric Ho for motivation, was the money that you could have used for building your own business and marketing it...... now you are more broke than before and lack of money de-motivates and stops you from continuing to work on your start-up business. So not only Eric Ho has stolen your money but he has killed your dreams!
 
Please note, motivation gives you energy for temporary time only, maybe a month or two, then you go back to “default” that have built in you since your childhood! So how can one-off 2/3 days seminar change your “default”? It’s like trying to change a habit overnight. Can you? So, you can only change your “default” by consistently grinding through hard times and persevering and pushing through rejections and hard times... and having insatiable desire and hunger to succeed.. thus, only only few makes it? But if you need motivation, just go to the horse's mouth i.e. Tony Robbins who is probably best in the business. Not liars and hypocrite like Eric Ho and John Lee.
 
And if you really need mentor, you need go to real experts, which you can easily find on LinkedIn, industry publications, and surely you won’t have to pay 12k!!! You need experts from the industry you want to specialise in, and have contacts and networks with industry leaders, and can help you to raise finance, and be focused in you as much as you are working on your business, they push you, ask you hard questions, even gives you hard times and sometimes you hate him/her but after getting the results you want... you respect them! Thats the kind of mentor you want... what will Eric Ho and John Lee tell you? Motivate you? what about rest of the 95% grit. They hardly talk about it.. Can they introduce you to any Venture Capitalist? or Private Equity firm or Financial Institutions? Those professionals dislike motivational speakers and don’t even allow them in their circle, believe me! If you want join prestigious business clubs in London, check out London's Capital Club, Club house london, De Amstel Club, etc... and these clubs dont allow motivational gurus, if they find out they are trying to sell seminars or books etc, they are booted out! some clubs asks for your business’s revenue before joining... And these are the clubs where PE firms, VC, bankers, advisory firms i.e. 'Big 4' and 'Magic circle' professionals hang out! This is where you meet real business contacts! This is where you need to be, so they can pull you up to their bracket... not someone who is in your bracket and you have to pay 12k! Motivational gurus like Eric and John wont be allowed near that circle. They will be a laughing stock! Eric and John is just trying to ride off what Tony Robbins have achieved. He is one-off! I remember they said they want to go IPO on stock market! A motivational seminar company on stock market? In which security exchange? In Mars? What investment bank will represent them? In fact, their business is not sustaible in long term because anyone can be a motivational speaker with NLP courses and reading 100s of motivational books out there... you dont need any qualification! Thus, they are all over the YouTube now and ERic Ho and John Lee is getting competition, whether they like it or not!
 
So, find real expertise who can link you to bankers, lawyers, accountants, leading marketer, entrepreneurs.. NOT motivational speakers that post videos flashing their bling bling 3-5 times a day like a teenager! In fact, its so immature! I mean, Eric is like in his mid-30s and his girlfriend Marta (white girl) was a seminar attendee and Eric dumped his then girlfriend Jamie for Marta. And before Marta, the left Jamie for another attendee, her name is Trinity. But when she found out Eric was dating another seminar attendee Anna (with blond hair) she dumped him! All these girls pictures are in his FB, Insta, if you go back time... What’s sad is that Jamie still works for him, H Akademy, and have to face Eric and his new girlfriend... And Eric Ho has the heart to face her everyday with his new girlfriend in the same place. Its all over their social media... its sad! But that should tell you the credibility of the guy that you have to pay 12k!! Of course, I only came to know this all after a 1-year mentorship program and Eric was publicly (In Wats App group) arguing and fighting with another girl called Jadey, who worked for him but she left after realising everything...
A challenge will be find out how well his mentees have done in their business, besides the YouTube video testimonials, since they had taken up his program.. its hard to know their revenuce increase after few months of the program, so their company's financial statement before and after the program should be compared and validated.. Of course no one would do that... Any previous mentees up for that challenge? Well all his mentees disappear after 12 months and new arrivals are excited and buzzing every year… until they cool off at the end of the year, get kicked out from Wats App and FB group……… I hope some of those new mentee reads this and realises how it works with these con artists... Eric Ho is a fraud!
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ERIC HO MENTORSHIP REVIEW

This post was created as I felt compelled to share my experience with Eric Ho's mentorship program that I'd signed up to, along with about 10 other mentees and paid £12,000 each for 1-year program. To provide authenticity of my account, I have provided PROOF of the receipt, plus his "up sell" to other programs, and how he boots people out at the end and there is no more contacts with him whatsoever. I have also found other website, where people have complaining and have lost money, like I had done. I will post the link below in the message, and it shows Eric Ho's company details from Gov.uk's Companies House, which are not worth what he claims, in fact many are in debt & closed down..
 
Here, I CHALLENGE Eric Ho to comment below this post if he thinks this is an unfair account, as he commented on his Facebook saying how this is not a true reflection of his program... I can provide PROOFs of all the accounts & experience detailed here, from other ex-mentees and how we'd all suffered and lost our savings, with no real value in the end... and if I can provide these proofs, will Eric Ho refund all our payments? Come on Eric Ho, I challenge you.. If you are honest, you should be able to take up this challenge than just comment in your FB..
 
First, see a link below, for the proof that I was his ex-mentee, so my details below comes from after going through his mentorship program, and it shows further proofs of "up sell", and how he booted everyone out in the end, and how we were only given 7-days to ask for our refund or else your payment is vanished!! And how is anyone suppose to know within 7-days that the mentorship was not a valuable program and it was full of "motivation" rally within a week of signing up?? See: https://drive.google.com/open?id=1QT9POxakgkIrXFEQN8uS4VqtEcD08F89
  See other people complain about Eric Ho's scam, and John Lee, and their method, which is just telling stories after stories and showing pictures of their success and cars (some outside the car show room) and claiming to be very successful, when they are not... company house record shows average financial statement.. https://www.propertytribes.com/eric-ho-t-127631542.html
 
Eric Hor, was introduced in one of John Lee's of Wealth Dragon seminar. There were bunch of us in the mentee group, mainly women who seemed vulnerable and naive i.e single mothers and old ladies. Eric Ho operates from his website, erichoofficial.com & hakademy.com.
 
Eric Ho promised a lots of things prior to signing up to his program and he promised all the mentees that he would help them to launch their business and in many cases, collaborate with his existing business and provide a platform and contacts to leverage our business... hence, paying £12,000 is worth it, in fact its cheap! However, it was far from that.. It became obvious after a few months, and until this point, it was all "motivational" stuffs i.e. meeting up with the group of mentees for dinner and drinks after one of his seminars in London and during these meet ups it was mainly him posting live videos on YouTube with bunch of mentees for his own marketing campaign (to show people what a good time we are all having and to get Likes and Shares). However, secretly many of his mentees were suffering as we forked out £1000 monthly towards his program and it was costing us more than our monthly mortgage payment!
 
Time goes fast, you set appointment with Eric whenever he is in London, but he sees all of his mentees after his 2-3 days seminar, where he is tired after long event, so it's rushed through as only 30mins appointment, and given generic advices and he is seeing mentees one after another.. During this appointments you go there and wait, he is talking to another mentee, then your turn comes, as you start the meeting, you see the anotehr mentee waiting for you to finish the meeting... so Eric Ho is in a rush to see you off. Hence, advices are given on the spot... He even forgets the last conversation you've had with him and repeats many comments / feedback that was given in the last appointment, as he sees all the mentees + new followers (to sign them up for his program) on that day... the new followers are far more important to him as they are a potential leads for another 12k per person and since we've already paid our fees and locked in the contract... we are a less priority for him. He forgets the action plan you had discussed with him in the last meeting and its clear that he cannot keep track of all his mentees seeing one after another after his long 2-3 days seminar event... He is very tired and gives you generic marketing advice. And when you make progress or need some suggestions from Eric Ho, our "mentor", he is out out of the country, somewhere overseas, posting videos from the beach about his luxurious lifestyle, flying business class flights and showing off his latest branded watch! and you are there stuck and unable to contact him or in the best case you receive a messages on Wats App. And that’s all...
 
You wait for him to return, but then you see another video from another part of the world, again, marketing himself and his seminars, and his new gadgets or a catchy video title and image of him and his latest girlfriend. Talking about his girlfriend.. he keeps using them in his video, to get likes and views, then after a year or so, there's a new girl and the old one is never seen again! And his new girlfriends are the seminar audience! At this time you start to doubt if Eric is serious about business. A true business man, a mentor should be there for you and know and care abot your business as much as you do.... not posting 5 videos, and 10 selfie a day! Think about it people.. his mind is occupied by social media posts and videos, and all he wants is NEW leads so he can generate additional fees... once you have paid, you are yesterdays newspaper to him..... You true business personnel dont act like this i.e. Fortune 500 companies executives, FTSE 250 leaders don’t act like a child showing off their new toys on a social media with his cars, watches, house etc.. Its unbearable as you begin to wonder that your payment is actually funding his lifestyle and his latest gadgets, and you are cant even reach him!
 
You begin to wonder and talk to other mentees and they all feel the same but no one dares to confront him as he is "so nice" and always so "positive" talking about "motivational stuffs", a sage, guru, who acts like one of those religious cult figures that brain washes people and builds up followers for his ulterior motive. The key here is, get likes and shares from Facebook, Insta, YouTube etc.. then get them to attend the seminar and then use classical sales technique i.e. "one day offer only" and sign them up for 12 months contract, where you can only ask for refund within 7 days (terms) and its impossible to know that you wont get any value within 7 days, so now you are locked in the contract and if you miss payment, Eric Ho and John Lee (Wealth Dragon) will send you red letter to take you to Debt Recovery and send bailiff to your house... and they have in-house lawyers workling for them, who emails you warning you of the consequences.... then you get worried and also have no time to go to the court and pay additional fee to solicitors not knowing you might lose more money because you have signed the contract... so you keep quite and pay the 12k!!! "Its numbers game" as they say... for example, get 100 likes and views, from that, get 20 people to seminar, then get 1 person to sign up and lock in 12 months contract... thats 12k! Now multiply this by few hundreds and thousands, then there you have it.. About 30-40 mentees a year, plus now "UP SELL" their other products, i.e. Public speaking, Forex, Property investments, Heath & Fitness, Spiritual mind etc.... thats their game! And make you bankrupt!!
 
By the way, if you want to learn Public Speaking, then just join your local Toastmasters club, where you will only pay between £50-£60 for 6 months!! with every 2 x weeks meetings, it will cost you more or less the same price of a coffee/tea per meeting. Toastmasters is everywhere, almost in every country. I have now completed almost my 10th speech. One thing about Public speaking is, its not a skill you obtained by attending a weekend or week long training that Eric Hor and John Lee is offering.. you must attend regularly every 2-3 weeks, even if you miss some meetings (that don't matter), to develop your skills. It's developed and built over time - not by attending short trainings on weekends or week-long program paying thousands of pounds/dollars. So dont be fool, don't pay Eric Hor and John Lee. Public speaking skills is like any other skills you learn, whether sports, or your regular exercise. If you stop going to gym for few months... what happens? Same with public speaking... you must attend regularly for at least 6-months to a 1-year.. then you develop skills + see other speakers do it, which you will pick up subconsciously, and when you step up to do your speech.. you will naturally exhibit skills (that you had picked up by watching other speakers on a regular basis by going to these meetings).. also, for every speech, you are given a detailed guide, as to how to structure it i.e. bullet points, linking between these points, and how to put a capturing opening and conclusive closing of your speech. You will also learn how to use body language, vocal variety, include research information in some speeches, which really helps professionals wanting to do great presentation for their work etc. And you become better at it, over time. You can never learn this over a weekend intensive course or week long course. Once you go through the Toastmasters club, the process will stay with you forever - just like driving a car or bike. So save you money from these fraudsters and join Toastmasters International club, which has nearly 16,000 clubs worldwide. You will also learn to take leadership roles as these two skills go hand in hand. Check out: toastmasters.org and click on "Find a club".
 
Eric Ho uses uses a traditional sales technique as he takes you through an emotional ride by sharing his stories, and others stories, and then says that he wants to work with "entrepreneurs" and he is looking to "invest" in the right business and "collaborate" with them, and this makes you feel like signing up to his mentorship, and it could perhaps, provide that opportunity to launch your business. With that mindset, he lures you towards him and when he offers the "1-day only" sales offer, at the end of the seminar to sign up, you do it! But there is no plan, no accountability, no real business expertise provided, except FULL of motivational stuffs, which you can nowadays watch on YouTube and feel the same or better. All you get is his regular get together for dinner and drink (which you have to pay yourself btw), and again, his posts on YouTube video promotions with all the mentee group for marketing to show what a good time we are having. Who will rant or show sad face on the video (live)?
I was in a group, where there was single mothers and some of them borrowed money from their parents to sign up to Eric's mentorship so she can make her business successful. She promised to pay back to her parents but it never happened as her parents passed away, before she could make any money. And Eric didn't even share the 50% profit that she had generated through her sales i.e. webinar sign-up consulting therapy work, after getting some leads from one of the webinar Eric had sets up. It takes her 3 months to get her 50% share. She even cried in one of our meet ups and shared her story. Another lady, Psychologist, that signed up, she spoke on the Eric's stage few times, she was very happy, got her to give him fantastic testimonial, she changed her title to "international speaker", and time goes fast... soon it was 12-months and she was crying in one of Eric's seminar at the back stage because it only hit her that she hasn't made her money back but paid 12k! Eric saw her cry, he knew WHY! as others try to sooth her, but he went on the stage and did his gig! There was no remorse nor any sympathy...... yet he acts like he feeds those childred in Kenya! Oh by the way, it was told that this charity is not his set up... it was existing orphanage and they would work with anyone that give them donation and you can put that in your business as a social enterprise business. And why wouldn't they accept donation for such purpose?
 
Another mentee, similar type of business, didn't get anything i.e. 50% commission, so he stopped asking after few times and completely dis-engaged with Eric and stopped talking completely after about 6-months in the program.
 
Eric lied to another mentee suggesting that he will use his product in his existing business to collaborate with him and launh his product in his YoYo Noodles bars, which Eric supposedly owns. He signed up to it, but it never happened and when he asked to Eric about it, after few months of developing a product and brand, Eric simply said that he had already sold his noodle franchise business. So he can't help him! However, it turned out to be a plain lie as Eric still owned the business and he was participating in Franchise trade shows later that year. He still owns this YoYo Noodle franchise and can be easily seen in Google search.
 
Another mentee couldn't afford the fees, so she was called by their staff called Marcos from Wealth Dragon, a big spanish bull dog that looks like a bouncer but acts like a motivational guru himself until you miss 1-payment! He acted like a bully when she didn't pay on time and this mentee, was already in debt and Marcos advised her to take loans from her credit cards as she would easily recoup that money anyway from the program, and when she was unable to keep up the payment to Eric, after few months, she was instantly kicked out without any notice and blocked from the Wats App and Facebook group. That’s when we saw the real Eric Ho.., not so nice and kind as he appears to be on the stage and videos and showing off his charity work in Kenya... Oh yeah, once you are mentee, you will get a "special deal" to volunteer and go to Kenya with him to do this charity work and the price you pay on a special deal is much more expensive than you would have booked a ticket and accomodation and gone by yourself... Another "upsell" like his books, like the upcoming seminar tickets, some "hero" seminar, but the principal is same.. motivation and emotional roller coaster stories and "upsell" another product.. there were few guys who finished all their savings by keep buying into these programs.. One nurse lady, single, in her 50s, spent more than 30k in all of their seminars, combined with, mentorship, forex, property, public speaking etc.. all her life time saving, all that over time she did.... tut tut.
 
There is nothing special or no real expertise offered in business by Eric Ho because all the advice is generic and 90% are motivational. And since all motivational in YouTube videos are sourced from Napoleon Hill's Think and Grow Rich book and the Power of Law of Attraction book etc. The 99% of the motivational gurus use these techniques to elaborate and explain their stories and persuade and convince audience to excite and take action.. And take action you will, by paying £12,000 for 1-year of generic advice and about 5 to 7 appointment with him (since he is out of the country more than half of the year giving seminars)... so how can you meet him possibly even if you want to........ Have you ever noticed that 99% of his previous mentees are completely out of the picture or out of touch after 1-year... ever wonder why? Because it finally sinks into them that it was all bullsh!t and they lost their money! Deep down inside in their heart, they know they lost their money, and there was nothing they could do after 7-day no refund policy!
 
If you, readers, want a motivation then I suggest you go to the horse's mouth i.e. Tony Robbins who revolutionized this game. And it is unfair how Eric Ho and John Lee do it... because they excite audiences through emotional story telling method, where their seminars are held for 2-3 days, long hours, deliberately making the audience tired and making it harder for us to think clearly and decide carefully, and prompting audience to say "yes" to many of rhetorical questions and multiples "hi5" among audiences and then encourage audience by stating they want “joint venture”, “partnerships” with only few select entrepreneurs and the offer is for "today only" sale price, and saying how Eric is only looking for only few partners only so its not for everyone (making it sound exclusive)! And he only wants few mentees only because he already has few of them already... That makes it exclusive and people sign up..... but after few months in the next seminar, he says the same thing and sign more mentees... and from different countries and it all becomes one big "social" group... hence, he loses track in 1 to 1 meetings of your progress and business plan.... and offers motivational advices only.
 
The contract states that you cannot ask for refund after 7-days but its hard to know, for anyone, within 7-days, what value you are getting esp. when the guy is flying around the world giving seminars when, ideally, you want a business mentor that can support you and give your advice in the time of need and hardship, not while he is posting videos of his latest gadget and business flight travels, which you, the mentees, had funded!! The irony is that, Eric present himself as the best son in the world to his parents, giving his father and mother a luxury watches and presents, when his parents, DONT know that its funded by these mentees who have worked hard to save up their money all their life and are paying £12,000! And some have really struggled to put that money together. I recall after a day or two of the seminar, both John Lee and Eric Ho, challenges the audience to see if they can raise money from their banks, friends and families and challenges everyone to make phone call during lunch break and see how much they can possibly raise…… during that day, it stays like that…. But its only until tomorrow or last day, when the offer for the “sale price for today only” is given and subconsciously the audience feels confident to take this offer because they were able to get loans or friends/family were willing to lend them a day before... see the trick??? These guys are experts, professionals in stealing your money!!! Vipers! Snakes! A bad name to Chinese/ Oriental community! A rotten tomatoes in the basket affecting all.
 
They are not different to those gurus, cult leaders, who builds followers and eventually brainwashes then and manipulate them.. its same technique! Eric Ho and John Lee builds followers from YouTube videos showing off gadgets, good lifestyle and happy mentees videos then you end up going to their seminar and hearing their well crafted and devised speeches, do activities, and make you feel they are great people, a guru and then challenging you to raise the money (from friends and family) then hooking you to buy their “sale price for today only” products. And to suck more out of you, there are many upsell in the pipeline...!
 
I saw many old ladies, retired ones, in their 60s running at the back of the room to sign up for a “LIMITED PLACES” only offers – without reading any terms and conditions! Some were signing up for Forex to use their special trading method to make unlimited amount of money whilst trading for half an hour a day! A pictures are shown of people being happy and drinking coffee and trading and making money! I think I should tell my investment banker friend in Canary Wharf to bring all their banker friends and his bosses and learn to trade so they can make all the money in the world in half an hour.... they don't have to invest millions in their sophesticated softwares that trades in micro-seconds and are competing with other banks and institutional investors!! No offence, but what do these retired ladies do to out-beat the investor bankers that uses latest tools, softwares, factors in speculations, world economy, politics, wars, currency fluctuation etc. etc.. Many of these ladies are old enough to be Eric's and John's mother! No mercy, no remorse! One mentee was charged double the normal price because she asked for 6-months extension in the mentorship, and she could not say anything about it..... but she shared her disappointment with us in the group.
 
Please people save your money, and if you are really need inspiration to do business then know one thing for sure...... all these types of motivation seminars are almost bullsh!t! If not ask any real business leaders from Fortune 500 or FTSE 250 companes...... and they will tell you what it really takes, and how competitive, dog eat dog world is out there...... thus the motivation part is only 5% of the business, the other 95% is pure hard work, grit, effort and sleepless nights......... to make it successful. Even that doesn't guarantee it! Almost every industry and sector have very high competition and innovations are quite rare, infrequent, and mainly big companies that invests heavily in Research & Development create it.... The money you need to invest to start the business costs almost double than your initial projection, and it takes twice a long than expected. You are alone, often questioning your own insanity at times, friends almost misunderstands you.... and once you have built your product or brand, then only you realise, you need more money to market it... and without marketing, there is no exposure and no one knows about it... so when you factor it all, the 12k you paid Eric Ho for motivation, was the money that you could have used for building your own business and marketing it...... now you are more broke than before and lack of money de-motivates and stops you from continuing to work on your start-up business. So not only Eric Ho has stolen your money but he has killed your dreams!
 
Please note, motivation gives you energy for temporary time only, maybe a month or two, then you go back to “default” that have built in you since your childhood! So how can one-off 2/3 days seminar change your “default”? It’s like trying to change a habit overnight. Can you? So, you can only change your “default” by consistently grinding through hard times and persevering and pushing through rejections and hard times... and having insatiable desire and hunger to succeed.. thus, only only few makes it? But if you need motivation, just go to the horse's mouth i.e. Tony Robbins who is probably best in the business. Not liars and hypocrite like Eric Ho and John Lee.
 
And if you really need mentor, you need go to real experts, which you can easily find on LinkedIn, industry publications, and surely you won’t have to pay 12k!!! You need experts from the industry you want to specialise in, and have contacts and networks with industry leaders, and can help you to raise finance, and be focused in you as much as you are working on your business, they push you, ask you hard questions, even gives you hard times and sometimes you hate him/her but after getting the results you want... you respect them! Thats the kind of mentor you want... what will Eric Ho and John Lee tell you? Motivate you? what about rest of the 95% grit. They hardly talk about it.. Can they introduce you to any Venture Capitalist? or Private Equity firm or Financial Institutions? Those professionals dislike motivational speakers and don’t even allow them in their circle, believe me! If you want join prestigious business clubs in London, check out London's Capital Club, Club house london, De Amstel Club, etc... and these clubs dont allow motivational gurus, if they find out they are trying to sell seminars or books etc, they are booted out! some clubs asks for your business’s revenue before joining... And these are the clubs where PE firms, VC, bankers, advisory firms i.e. 'Big 4' and 'Magic circle' professionals hang out! This is where you meet real business contacts! This is where you need to be, so they can pull you up to their bracket... not someone who is in your bracket and you have to pay 12k! Motivational gurus like Eric and John wont be allowed near that circle. They will be a laughing stock! Eric and John is just trying to ride off what Tony Robbins have achieved. He is one-off! I remember they said they want to go IPO on stock market! A motivational seminar company on stock market? In which security exchange? In Mars? What investment bank will represent them? In fact, their business is not sustaible in long term because anyone can be a motivational speaker with NLP courses and reading 100s of motivational books out there... you dont need any qualification! Thus, they are all over the YouTube now and ERic Ho and John Lee is getting competition, whether they like it or not!
 
So, find real expertise who can link you to bankers, lawyers, accountants, leading marketer, entrepreneurs.. NOT motivational speakers that post videos flashing their bling bling 3-5 times a day like a teenager! In fact, its so immature! I mean, Eric is like in his mid-30s and his girlfriend Marta (white girl) was a seminar attendee and Eric dumped his then girlfriend Jamie for Marta. And before Marta, the left Jamie for another attendee, her name is Trinity. But when she found out Eric was dating another seminar attendee Anna (with blond hair) she dumped him! All these girls pictures are in his FB, Insta, if you go back time... What’s sad is that Jamie still works for him, H Akademy, and have to face Eric and his new girlfriend... And Eric Ho has the heart to face her everyday with his new girlfriend in the same place. Its all over their social media... its sad! But that should tell you the credibility of the guy that you have to pay 12k!! Of course, I only came to know this all after a 1-year mentorship program and Eric was publicly (In Wats App group) arguing and fighting with another girl called Jadey, who worked for him but she left after realising everything...
A challenge will be find out how well his mentees have done in their business, besides the YouTube video testimonials, since they had taken up his program.. its hard to know their revenuce increase after few months of the program, so their company's financial statement before and after the program should be compared and validated.. Of course no one would do that... Any previous mentees up for that challenge? Well all his mentees disappear after 12 months and new arrivals are excited and buzzing every year… until they cool off at the end of the year, get kicked out from Wats App and FB group……… I hope some of those new mentee reads this and realises how it works with these con artists... Eric Ho is a fraud!
submitted by paulhorne22 to u/paulhorne22 [link] [comments]

ERIC HO SCAM

This post was created as I felt compelled to share my experience with Eric Ho's mentorship program that I'd signed up to, along with about 10 other mentees and paid £12,000 each for 1-year program. To provide authenticity of my account, I have provided PROOF of the receipt, plus his "up sell" to other programs, and how he boots people out at the end and there is no more contacts with him whatsoever. I have also found other website, where people have complaining and have lost money, like I had done. I will post the link below in the message, and it shows Eric Ho's company details from Gov.uk's Companies House, which are not worth what he claims, in fact many are in debt & closed down..
 
Here, I CHALLENGE Eric Ho to comment below this post if he thinks this is an unfair account, as he commented on his Facebook saying how this is not a true reflection of his program... I can provide PROOFs of all the accounts & experience detailed here, from other ex-mentees and how we'd all suffered and lost our savings, with no real value in the end... and if I can provide these proofs, will Eric Ho refund all our payments? Come on Eric Ho, I challenge you.. If you are honest, you should be able to take up this challenge than just comment in your FB..
 
First, see a link below, for the proof that I was his ex-mentee, so my details below comes from after going through his mentorship program, and it shows further proofs of "up sell", and how he booted everyone out in the end, and how we were only given 7-days to ask for our refund or else your payment is vanished!! And how is anyone suppose to know within 7-days that the mentorship was not a valuable program and it was full of "motivation" rally within a week of signing up?? See: https://drive.google.com/open?id=1QT9POxakgkIrXFEQN8uS4VqtEcD08F89
  See other people complain about Eric Ho's scam, and John Lee, and their method, which is just telling stories after stories and showing pictures of their success and cars (some outside the car show room) and claiming to be very successful, when they are not... company house record shows average financial statement.. https://www.propertytribes.com/eric-ho-t-127631542.html
 
Eric Hor, was introduced in one of John Lee's of Wealth Dragon seminar. There were bunch of us in the mentee group, mainly women who seemed vulnerable and naive i.e single mothers and old ladies. Eric Ho operates from his website, erichoofficial.com & hakademy.com.
 
Eric Ho promised a lots of things prior to signing up to his program and he promised all the mentees that he would help them to launch their business and in many cases, collaborate with his existing business and provide a platform and contacts to leverage our business... hence, paying £12,000 is worth it, in fact its cheap! However, it was far from that.. It became obvious after a few months, and until this point, it was all "motivational" stuffs i.e. meeting up with the group of mentees for dinner and drinks after one of his seminars in London and during these meet ups it was mainly him posting live videos on YouTube with bunch of mentees for his own marketing campaign (to show people what a good time we are all having and to get Likes and Shares). However, secretly many of his mentees were suffering as we forked out £1000 monthly towards his program and it was costing us more than our monthly mortgage payment!
 
Time goes fast, you set appointment with Eric whenever he is in London, but he sees all of his mentees after his 2-3 days seminar, where he is tired after long event, so it's rushed through as only 30mins appointment, and given generic advices and he is seeing mentees one after another.. During this appointments you go there and wait, he is talking to another mentee, then your turn comes, as you start the meeting, you see the anotehr mentee waiting for you to finish the meeting... so Eric Ho is in a rush to see you off. Hence, advices are given on the spot... He even forgets the last conversation you've had with him and repeats many comments / feedback that was given in the last appointment, as he sees all the mentees + new followers (to sign them up for his program) on that day... the new followers are far more important to him as they are a potential leads for another 12k per person and since we've already paid our fees and locked in the contract... we are a less priority for him. He forgets the action plan you had discussed with him in the last meeting and its clear that he cannot keep track of all his mentees seeing one after another after his long 2-3 days seminar event... He is very tired and gives you generic marketing advice. And when you make progress or need some suggestions from Eric Ho, our "mentor", he is out out of the country, somewhere overseas, posting videos from the beach about his luxurious lifestyle, flying business class flights and showing off his latest branded watch! and you are there stuck and unable to contact him or in the best case you receive a messages on Wats App. And that’s all...
 
You wait for him to return, but then you see another video from another part of the world, again, marketing himself and his seminars, and his new gadgets or a catchy video title and image of him and his latest girlfriend. Talking about his girlfriend.. he keeps using them in his video, to get likes and views, then after a year or so, there's a new girl and the old one is never seen again! And his new girlfriends are the seminar audience! At this time you start to doubt if Eric is serious about business. A true business man, a mentor should be there for you and know and care abot your business as much as you do.... not posting 5 videos, and 10 selfie a day! Think about it people.. his mind is occupied by social media posts and videos, and all he wants is NEW leads so he can generate additional fees... once you have paid, you are yesterdays newspaper to him..... You true business personnel dont act like this i.e. Fortune 500 companies executives, FTSE 250 leaders don’t act like a child showing off their new toys on a social media with his cars, watches, house etc.. Its unbearable as you begin to wonder that your payment is actually funding his lifestyle and his latest gadgets, and you are cant even reach him!
 
You begin to wonder and talk to other mentees and they all feel the same but no one dares to confront him as he is "so nice" and always so "positive" talking about "motivational stuffs", a sage, guru, who acts like one of those religious cult figures that brain washes people and builds up followers for his ulterior motive. The key here is, get likes and shares from Facebook, Insta, YouTube etc.. then get them to attend the seminar and then use classical sales technique i.e. "one day offer only" and sign them up for 12 months contract, where you can only ask for refund within 7 days (terms) and its impossible to know that you wont get any value within 7 days, so now you are locked in the contract and if you miss payment, Eric Ho and John Lee (Wealth Dragon) will send you red letter to take you to Debt Recovery and send bailiff to your house... and they have in-house lawyers workling for them, who emails you warning you of the consequences.... then you get worried and also have no time to go to the court and pay additional fee to solicitors not knowing you might lose more money because you have signed the contract... so you keep quite and pay the 12k!!! "Its numbers game" as they say... for example, get 100 likes and views, from that, get 20 people to seminar, then get 1 person to sign up and lock in 12 months contract... thats 12k! Now multiply this by few hundreds and thousands, then there you have it.. About 30-40 mentees a year, plus now "UP SELL" their other products, i.e. Public speaking, Forex, Property investments, Heath & Fitness, Spiritual mind etc.... thats their game! And make you bankrupt!!
 
By the way, if you want to learn Public Speaking, then just join your local Toastmasters club, where you will only pay between £50-£60 for 6 months!! with every 2 x weeks meetings, it will cost you more or less the same price of a coffee/tea per meeting. Toastmasters is everywhere, almost in every country. I have now completed almost my 10th speech. One thing about Public speaking is, its not a skill you obtained by attending a weekend or week long training that Eric Hor and John Lee is offering.. you must attend regularly every 2-3 weeks, even if you miss some meetings (that don't matter), to develop your skills. It's developed and built over time - not by attending short trainings on weekends or week-long program paying thousands of pounds/dollars. So dont be fool, don't pay Eric Hor and John Lee. Public speaking skills is like any other skills you learn, whether sports, or your regular exercise. If you stop going to gym for few months... what happens? Same with public speaking... you must attend regularly for at least 6-months to a 1-year.. then you develop skills + see other speakers do it, which you will pick up subconsciously, and when you step up to do your speech.. you will naturally exhibit skills (that you had picked up by watching other speakers on a regular basis by going to these meetings).. also, for every speech, you are given a detailed guide, as to how to structure it i.e. bullet points, linking between these points, and how to put a capturing opening and conclusive closing of your speech. You will also learn how to use body language, vocal variety, include research information in some speeches, which really helps professionals wanting to do great presentation for their work etc. And you become better at it, over time. You can never learn this over a weekend intensive course or week long course. Once you go through the Toastmasters club, the process will stay with you forever - just like driving a car or bike. So save you money from these fraudsters and join Toastmasters International club, which has nearly 16,000 clubs worldwide. You will also learn to take leadership roles as these two skills go hand in hand. Check out: toastmasters.org and click on "Find a club".
 
Eric Ho uses uses a traditional sales technique as he takes you through an emotional ride by sharing his stories, and others stories, and then says that he wants to work with "entrepreneurs" and he is looking to "invest" in the right business and "collaborate" with them, and this makes you feel like signing up to his mentorship, and it could perhaps, provide that opportunity to launch your business. With that mindset, he lures you towards him and when he offers the "1-day only" sales offer, at the end of the seminar to sign up, you do it! But there is no plan, no accountability, no real business expertise provided, except FULL of motivational stuffs, which you can nowadays watch on YouTube and feel the same or better. All you get is his regular get together for dinner and drink (which you have to pay yourself btw), and again, his posts on YouTube video promotions with all the mentee group for marketing to show what a good time we are having. Who will rant or show sad face on the video (live)?
I was in a group, where there was single mothers and some of them borrowed money from their parents to sign up to Eric's mentorship so she can make her business successful. She promised to pay back to her parents but it never happened as her parents passed away, before she could make any money. And Eric didn't even share the 50% profit that she had generated through her sales i.e. webinar sign-up consulting therapy work, after getting some leads from one of the webinar Eric had sets up. It takes her 3 months to get her 50% share. She even cried in one of our meet ups and shared her story. Another lady, Psychologist, that signed up, she spoke on the Eric's stage few times, she was very happy, got her to give him fantastic testimonial, she changed her title to "international speaker", and time goes fast... soon it was 12-months and she was crying in one of Eric's seminar at the back stage because it only hit her that she hasn't made her money back but paid 12k! Eric saw her cry, he knew WHY! as others try to sooth her, but he went on the stage and did his gig! There was no remorse nor any sympathy...... yet he acts like he feeds those childred in Kenya! Oh by the way, it was told that this charity is not his set up... it was existing orphanage and they would work with anyone that give them donation and you can put that in your business as a social enterprise business. And why wouldn't they accept donation for such purpose?
 
Another mentee, similar type of business, didn't get anything i.e. 50% commission, so he stopped asking after few times and completely dis-engaged with Eric and stopped talking completely after about 6-months in the program.
 
Eric lied to another mentee suggesting that he will use his product in his existing business to collaborate with him and launh his product in his YoYo Noodles bars, which Eric supposedly owns. He signed up to it, but it never happened and when he asked to Eric about it, after few months of developing a product and brand, Eric simply said that he had already sold his noodle franchise business. So he can't help him! However, it turned out to be a plain lie as Eric still owned the business and he was participating in Franchise trade shows later that year. He still owns this YoYo Noodle franchise and can be easily seen in Google search.
 
Another mentee couldn't afford the fees, so she was called by their staff called Marcos from Wealth Dragon, a big spanish bull dog that looks like a bouncer but acts like a motivational guru himself until you miss 1-payment! He acted like a bully when she didn't pay on time and this mentee, was already in debt and Marcos advised her to take loans from her credit cards as she would easily recoup that money anyway from the program, and when she was unable to keep up the payment to Eric, after few months, she was instantly kicked out without any notice and blocked from the Wats App and Facebook group. That’s when we saw the real Eric Ho.., not so nice and kind as he appears to be on the stage and videos and showing off his charity work in Kenya... Oh yeah, once you are mentee, you will get a "special deal" to volunteer and go to Kenya with him to do this charity work and the price you pay on a special deal is much more expensive than you would have booked a ticket and accomodation and gone by yourself... Another "upsell" like his books, like the upcoming seminar tickets, some "hero" seminar, but the principal is same.. motivation and emotional roller coaster stories and "upsell" another product.. there were few guys who finished all their savings by keep buying into these programs.. One nurse lady, single, in her 50s, spent more than 30k in all of their seminars, combined with, mentorship, forex, property, public speaking etc.. all her life time saving, all that over time she did.... tut tut.
 
There is nothing special or no real expertise offered in business by Eric Ho because all the advice is generic and 90% are motivational. And since all motivational in YouTube videos are sourced from Napoleon Hill's Think and Grow Rich book and the Power of Law of Attraction book etc. The 99% of the motivational gurus use these techniques to elaborate and explain their stories and persuade and convince audience to excite and take action.. And take action you will, by paying £12,000 for 1-year of generic advice and about 5 to 7 appointment with him (since he is out of the country more than half of the year giving seminars)... so how can you meet him possibly even if you want to........ Have you ever noticed that 99% of his previous mentees are completely out of the picture or out of touch after 1-year... ever wonder why? Because it finally sinks into them that it was all bullsh!t and they lost their money! Deep down inside in their heart, they know they lost their money, and there was nothing they could do after 7-day no refund policy!
 
If you, readers, want a motivation then I suggest you go to the horse's mouth i.e. Tony Robbins who revolutionized this game. And it is unfair how Eric Ho and John Lee do it... because they excite audiences through emotional story telling method, where their seminars are held for 2-3 days, long hours, deliberately making the audience tired and making it harder for us to think clearly and decide carefully, and prompting audience to say "yes" to many of rhetorical questions and multiples "hi5" among audiences and then encourage audience by stating they want “joint venture”, “partnerships” with only few select entrepreneurs and the offer is for "today only" sale price, and saying how Eric is only looking for only few partners only so its not for everyone (making it sound exclusive)! And he only wants few mentees only because he already has few of them already... That makes it exclusive and people sign up..... but after few months in the next seminar, he says the same thing and sign more mentees... and from different countries and it all becomes one big "social" group... hence, he loses track in 1 to 1 meetings of your progress and business plan.... and offers motivational advices only.
 
The contract states that you cannot ask for refund after 7-days but its hard to know, for anyone, within 7-days, what value you are getting esp. when the guy is flying around the world giving seminars when, ideally, you want a business mentor that can support you and give your advice in the time of need and hardship, not while he is posting videos of his latest gadget and business flight travels, which you, the mentees, had funded!! The irony is that, Eric present himself as the best son in the world to his parents, giving his father and mother a luxury watches and presents, when his parents, DONT know that its funded by these mentees who have worked hard to save up their money all their life and are paying £12,000! And some have really struggled to put that money together. I recall after a day or two of the seminar, both John Lee and Eric Ho, challenges the audience to see if they can raise money from their banks, friends and families and challenges everyone to make phone call during lunch break and see how much they can possibly raise…… during that day, it stays like that…. But its only until tomorrow or last day, when the offer for the “sale price for today only” is given and subconsciously the audience feels confident to take this offer because they were able to get loans or friends/family were willing to lend them a day before... see the trick??? These guys are experts, professionals in stealing your money!!! Vipers! Snakes! A bad name to Chinese/ Oriental community! A rotten tomatoes in the basket affecting all.
 
They are not different to those gurus, cult leaders, who builds followers and eventually brainwashes then and manipulate them.. its same technique! Eric Ho and John Lee builds followers from YouTube videos showing off gadgets, good lifestyle and happy mentees videos then you end up going to their seminar and hearing their well crafted and devised speeches, do activities, and make you feel they are great people, a guru and then challenging you to raise the money (from friends and family) then hooking you to buy their “sale price for today only” products. And to suck more out of you, there are many upsell in the pipeline...!
 
I saw many old ladies, retired ones, in their 60s running at the back of the room to sign up for a “LIMITED PLACES” only offers – without reading any terms and conditions! Some were signing up for Forex to use their special trading method to make unlimited amount of money whilst trading for half an hour a day! A pictures are shown of people being happy and drinking coffee and trading and making money! I think I should tell my investment banker friend in Canary Wharf to bring all their banker friends and his bosses and learn to trade so they can make all the money in the world in half an hour.... they don't have to invest millions in their sophesticated softwares that trades in micro-seconds and are competing with other banks and institutional investors!! No offence, but what do these retired ladies do to out-beat the investor bankers that uses latest tools, softwares, factors in speculations, world economy, politics, wars, currency fluctuation etc. etc.. Many of these ladies are old enough to be Eric's and John's mother! No mercy, no remorse! One mentee was charged double the normal price because she asked for 6-months extension in the mentorship, and she could not say anything about it..... but she shared her disappointment with us in the group.
 
Please people save your money, and if you are really need inspiration to do business then know one thing for sure...... all these types of motivation seminars are almost bullsh!t! If not ask any real business leaders from Fortune 500 or FTSE 250 companes...... and they will tell you what it really takes, and how competitive, dog eat dog world is out there...... thus the motivation part is only 5% of the business, the other 95% is pure hard work, grit, effort and sleepless nights......... to make it successful. Even that doesn't guarantee it! Almost every industry and sector have very high competition and innovations are quite rare, infrequent, and mainly big companies that invests heavily in Research & Development create it.... The money you need to invest to start the business costs almost double than your initial projection, and it takes twice a long than expected. You are alone, often questioning your own insanity at times, friends almost misunderstands you.... and once you have built your product or brand, then only you realise, you need more money to market it... and without marketing, there is no exposure and no one knows about it... so when you factor it all, the 12k you paid Eric Ho for motivation, was the money that you could have used for building your own business and marketing it...... now you are more broke than before and lack of money de-motivates and stops you from continuing to work on your start-up business. So not only Eric Ho has stolen your money but he has killed your dreams!
 
Please note, motivation gives you energy for temporary time only, maybe a month or two, then you go back to “default” that have built in you since your childhood! So how can one-off 2/3 days seminar change your “default”? It’s like trying to change a habit overnight. Can you? So, you can only change your “default” by consistently grinding through hard times and persevering and pushing through rejections and hard times... and having insatiable desire and hunger to succeed.. thus, only only few makes it? But if you need motivation, just go to the horse's mouth i.e. Tony Robbins who is probably best in the business. Not liars and hypocrite like Eric Ho and John Lee.
 
And if you really need mentor, you need go to real experts, which you can easily find on LinkedIn, industry publications, and surely you won’t have to pay 12k!!! You need experts from the industry you want to specialise in, and have contacts and networks with industry leaders, and can help you to raise finance, and be focused in you as much as you are working on your business, they push you, ask you hard questions, even gives you hard times and sometimes you hate him/her but after getting the results you want... you respect them! Thats the kind of mentor you want... what will Eric Ho and John Lee tell you? Motivate you? what about rest of the 95% grit. They hardly talk about it.. Can they introduce you to any Venture Capitalist? or Private Equity firm or Financial Institutions? Those professionals dislike motivational speakers and don’t even allow them in their circle, believe me! If you want join prestigious business clubs in London, check out London's Capital Club, Club house london, De Amstel Club, etc... and these clubs dont allow motivational gurus, if they find out they are trying to sell seminars or books etc, they are booted out! some clubs asks for your business’s revenue before joining... And these are the clubs where PE firms, VC, bankers, advisory firms i.e. 'Big 4' and 'Magic circle' professionals hang out! This is where you meet real business contacts! This is where you need to be, so they can pull you up to their bracket... not someone who is in your bracket and you have to pay 12k! Motivational gurus like Eric and John wont be allowed near that circle. They will be a laughing stock! Eric and John is just trying to ride off what Tony Robbins have achieved. He is one-off! I remember they said they want to go IPO on stock market! A motivational seminar company on stock market? In which security exchange? In Mars? What investment bank will represent them? In fact, their business is not sustaible in long term because anyone can be a motivational speaker with NLP courses and reading 100s of motivational books out there... you dont need any qualification! Thus, they are all over the YouTube now and ERic Ho and John Lee is getting competition, whether they like it or not!
 
So, find real expertise who can link you to bankers, lawyers, accountants, leading marketer, entrepreneurs.. NOT motivational speakers that post videos flashing their bling bling 3-5 times a day like a teenager! In fact, its so immature! I mean, Eric is like in his mid-30s and his girlfriend Marta (white girl) was a seminar attendee and Eric dumped his then girlfriend Jamie for Marta. And before Marta, the left Jamie for another attendee, her name is Trinity. But when she found out Eric was dating another seminar attendee Anna (with blond hair) she dumped him! All these girls pictures are in his FB, Insta, if you go back time... What’s sad is that Jamie still works for him, H Akademy, and have to face Eric and his new girlfriend... And Eric Ho has the heart to face her everyday with his new girlfriend in the same place. Its all over their social media... its sad! But that should tell you the credibility of the guy that you have to pay 12k!! Of course, I only came to know this all after a 1-year mentorship program and Eric was publicly (In Wats App group) arguing and fighting with another girl called Jadey, who worked for him but she left after realising everything...
A challenge will be find out how well his mentees have done in their business, besides the YouTube video testimonials, since they had taken up his program.. its hard to know their revenuce increase after few months of the program, so their company's financial statement before and after the program should be compared and validated.. Of course no one would do that... Any previous mentees up for that challenge? Well all his mentees disappear after 12 months and new arrivals are excited and buzzing every year… until they cool off at the end of the year, get kicked out from Wats App and FB group……… I hope some of those new mentee reads this and realises how it works with these con artists... Eric Ho is a fraud!
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